Vetr Crowd 100% Bullish On Sirius XM, Which Could Return Almost 14%

Shares of Sirius XM Holdings Inc. SIRI have recuperated more than 17 percent since their February lows, but are still down about 3.5 percent year-to-date. Moreover, since June started, the stock tumbled 2.3 percent, creating some room for upside. Or so does the Vetr crowd seem to believe, as evidenced by its average price target of $4.45, which implies a potential return of almost 14 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect this upside potential, the Vetr community decided upgrade its rating on shares of Sirius XM on Monday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.

Finally, it should be noted that, in accordance with the rating, 100 percent of the crowd’s ratings are bullish.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!