Barrington Boosts PPS from $3 to $3.75 Target on Sirius XM

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Barrington Boosts PPS from $3 to $3.75 Target on Sirius XM Radio $SIRI

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Sirius XM Radio (NASDAQ: SIRI) had its price target increased by Barrington Research from $3.00 to $3.75 in a research report released on Monday morning . Barrington Research currently has an outperform rating on the stock.

A number of other analysts have also recently weighed in on SIRI. Analysts at Wunderlich raised their price target on shares of Sirius XM Radio from $2.50 to $2.70 in a research note to investors on Tuesday, October 16th. They now have a hold rating on the stock. Separately, analysts at Morgan Stanley raised their price target on shares of Sirius XM Radio from $2.60 to $2.85 in a research note to investors on Monday, October 15th. They now have an equal weight rating on the stock. Finally, analysts at Zacks downgraded shares of Sirius XM Radio from an outperform rating to a neutral rating in a research note to investors on Friday, October 12th. They now have a $2.75 price target on the stock.

Shares of Sirius XM Radio traded down 2.59% during mid-day trading on Monday, hitting $2.825. Sirius XM Radio has a one year low of $1.61 and a one year high of $2.97. The company has a market cap of $14.668 billion and a P/E ratio of 5.62.

Sirius XM Radio last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.01 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.01 . The company had revenue of $867.00 million for the quarter, compared to the consensus estimate of $865.62 million. Sirius XM Radio’s revenue was up 13.6% compared to the same quarter last year . On average, analysts predict that Sirius XM Radio will post $0.54 earnings per share for the current fiscal year .

Sirius XM Radio Inc. broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems.



http://www.jagsreport.com/2012/11/barrington-...adio-siri/


- SiriusXM Hits 4-Yr High; Merrill, Citi See Big Buyback with a Buy rating and $3.75 price target (Oct 02 2012)

http://investorshangout.com/post/view?id=148494

-SIRI: Morgan Stanley, Other Firms Raise Price Target with a Buy ratings raising their target prices to $4.00 & $5.50 per share (Oct 16, 2012)

http://investorshangout.com/post/view?id=148512

- Sirius XM Issued a Buy Rating, $4 Target (oct 20 2012)

http://investorshangout.com/post/view?id=148608

$SIRI

Sirius XM Radio Inc. (SIRI) Stock Research Links

SIRI Board Company Profile Buy Rating Time & Sales News Filings Financials
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