Analyst Price Target is $48.40
▼ -6.26% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Formula One Group in the last 3 months. The average price target is $48.40, with a high forecast of $60.00 and a low forecast of $38.00. The average price target represents a -6.26% upside from the last price of $51.63.
Current Consensus is
The current consensus among 6 contributing investment analysts is to hold stock in Formula One Group. This rating has held steady since December 2020, when it changed from a Buy consensus rating.
Liberty Media Corp. engages in the operation media, communications, and entertainment businesses. It operates through the following segments: Sirius XM Holdings, Formula 1, and Corporate and Other. The Sirius XM Holdings segment refers to the complementary audio entertainment businesses, Sirius XM and Pandora. The Sirius M features music, sports, entertainment, comedy, talk, news, traffic, weather channels, and infotainment services. The Pandora provides music, comedy, and podcast streaming discovery platform. The Formula 1 segment focuses on the global motorsports business that holds exclusive commercial rights with respect to the World Championship, an annual, motor race-based competition. The Corporate and Other segment relates to the Braves Holdings operations. The company was founded on March 28, 1991 and is headquartered in Englewood, CO.