Warner Music Group (WMG)
(Delayed Data from NSDQ)
$28.65 USD
+0.54 (1.92%)
Updated Aug 7, 2024 04:00 PM ET
After-Market: $28.63 -0.02 (-0.07%) 6:42 PM ET
3-Hold of 5 3
C Value D Growth B Momentum D VGM
Warner Music Group Corp. (WMG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$38.28 | $52.00 | $24.00 | 36.18% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Warner Music Group Corp. comes to $38.28. The forecasts range from a low of $24.00 to a high of $52.00. The average price target represents an increase of 36.18% from the last closing price of $28.11.
Analyst Price Targets (18)
Broker Rating
Warner Music Group Corp. currently has an average brokerage recommendation (ABR) of 1.97 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 18 brokerage firms. The current ABR compares to an ABR of 1.79 a month ago based on 17 recommendations.
Of the 18 recommendations deriving the current ABR, nine are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 50% and 11.11% of all recommendations. A month ago, Strong Buy made up 52.94%, while Buy represented 11.76%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/WMG.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 9 | 9 | 8 | 8 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 6 | 6 | 6 | 6 | 6 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 0 | 0 | 0 |
ABR | 1.97 | 1.97 | 1.79 | 1.84 | 1.84 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/1/2024 | Macquarie Capital Securities | Timothy W Nollen | Not Available | Hold |
7/12/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
7/11/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
7/10/2024 | Atlantic Equities | Agnieszka Pustula | Hold | Strong Sell |
5/15/2024 | Not Identified | Not Identified | Hold | Hold |
5/10/2024 | Evercore Partners | Vijay Jayant | Strong Buy | Strong Buy |
4/18/2024 | Loop Capital Markets | Alan S Gould | Hold | Hold |
4/5/2024 | Guggenheim Securities | Michael C Morris | Strong Buy | Strong Buy |
4/1/2024 | Cowen & Co. | Douglas L Creutz | Strong Buy | Strong Buy |
3/31/2024 | Goldman Sachs | Stephen N Laszczyk | Strong Buy | Strong Buy |
2/15/2024 | Not Identified | Not Identified | Hold | Hold |
11/15/2023 | Wells Fargo Securities | Omar J Mejias | Not Available | Hold |
10/18/2023 | Tigress Financial Partners | Ivan Feinseth | Not Available | Moderate Buy |
10/3/2023 | UBS | Betul B Levi | Hold | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.97 |
ABR (Last week) | 1.97 |
# of Recs in ABR | 18 |
Average Target Price | $38.28 |
LT Growth Rate | 15.80% |
Industry | Film and Television Production and Distribution |
Industry Rank by ABR | 174 of 253 |
Current Quarter EPS Est: | 0.25 |