Formula One Group – Consensus ‘buy’ rating and 25.5% Upside Potential

Broker Ratings
[shareaholic app="share_buttons" id_name="post_below_content"]

Formula One Group with ticker code (FWONK) have now 10 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $92.00 and $68.00 calculating the average target price we see $82.40. Now with the previous closing price of $65.66 this would imply there is now a potential upside of 25.5%. The 50 day moving average now sits at $65.99 and the 200 moving average now moves to $69.77. The company has a market capitalization of 15.22B. The current share price for the company is: $65.61 USD

The potential market cap would be $19,101,006,829 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 34.17, revenue per share of $11.75 and a 1.21% return on assets.

Liberty Media Corporation operates and owns interests in a range of media, communications and entertainment businesses. The Company’s businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group and the Formula One Group. The Company operates through two segments. Sirius XM Holdings segment operates two complementary audio entertainment businesses, Sirius XM and Pandora and Off-platform. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic and weather channels and other content, as well as podcasts and infotainment services, in the U.S. on a subscription fee basis. The Pandora and Off-platform business operates a music, comedy and podcast streaming platform. Formula 1 segment is a global motorsports business that holds commercial rights with respect to the World Championship, an annual, approximately nine-month long, motor race-based competition.

Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search