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

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Shares of Sirius XM Holdings Inc. (NASDAQ: 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.

Latest Ratings for SIRI

DateFirmActionFromTo
Oct 2017Bank of AmericaMaintainsBuy
Aug 2017CitigroupMaintainsBuy
Apr 2017Morgan StanleyDowngradesEqual-WeightUnderweight

View More Analyst Ratings for SIRI
View the Latest Analyst Ratings

Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

 

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