There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Warner Music Group (WMG – Research Report) and Telia Company AB (TLSNF – Research Report) with bullish sentiments.
Warner Music Group (WMG)
TD Cowen analyst Doug Creutz reiterated a Buy rating on Warner Music Group yesterday and set a price target of $41.00. The company’s shares closed last Monday at $36.36, close to its 52-week high of $38.05.
According to TipRanks.com, Creutz is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Warner Music Group with a $37.17 average price target, a 3.8% upside from current levels. In a report issued on February 5, Morgan Stanley also maintained a Buy rating on the stock with a $42.00 price target.
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Telia Company AB (TLSNF)
UBS analyst Ondrej Cabejsek maintained a Buy rating on Telia Company AB today and set a price target of SEK31.10. The company’s shares closed last Wednesday at $2.60, close to its 52-week high of $2.72.
According to TipRanks.com, Cabejsek is ranked #6658 out of 8716 analysts.
Currently, the analyst consensus on Telia Company AB is a Hold with an average price target of $2.71.
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