NYSE:WMG - Warner Music Group Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $34.00
  • Forecasted Upside: 19.93 %
  • Number of Analysts: 15
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$28.35
▼ -0.5 (-1.73%)
1 month | 3 months | 12 months
Get New Warner Music Group Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for WMG and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for WMG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$34.00
▲ +19.93% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Warner Music Group in the last 3 months. The average price target is $34.00, with a high forecast of $40.00 and a low forecast of $23.00. The average price target represents a 19.93% upside from the last price of $28.35.
Hold
The current consensus among 15 contributing investment analysts is to hold stock in Warner Music Group.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/7/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/5/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/3/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/1/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
8/30/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
10/29/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings
11/28/2020

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 8 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/24/2020Morgan StanleyBoost Price TargetEqual Weight$34.00 ➝ $35.00Medium
i
Rating by Benjamin Swinburne at Morgan Stanley
11/13/2020Morgan StanleyBoost Price TargetEqual Weight$33.00 ➝ $34.00Medium
i
Rating by Benjamin Swinburne at Morgan Stanley
8/6/2020BarclaysReiterated RatingHold$30.00Low
i
Rating by Kannan Venkateshwar at Barclays PLC
8/5/2020Credit Suisse GroupReiterated RatingBuy$37.00Low
i
Rating by Brian W Russo at Credit Suisse Group AG
8/5/2020Morgan StanleyBoost Price TargetEqual Weight$32.00 ➝ $33.00Medium
i
Rating by Benjamin Swinburne at Morgan Stanley
6/30/2020Tigress FinancialInitiated CoverageBuyMedium
i
6/29/2020CitigroupInitiated CoverageNeutral$33.00High
i
Rating by Jason Bazinet at Citigroup Inc.
6/29/2020Loop CapitalInitiated CoverageHold$33.00High
i
6/29/2020Morgan StanleyInitiated CoverageEqual Weight$32.00Low
i
6/29/2020SunTrust BanksInitiated CoverageBuy$35.00High
i
6/29/2020JPMorgan Chase & Co.Initiated CoverageOverweight$40.00High
i
6/29/2020BarclaysInitiated CoverageEqual Weight$28.00High
i
6/29/2020MacquarieInitiated CoverageNeutral$32.00High
i
6/29/2020Royal Bank of CanadaInitiated CoverageOutperform$40.00High
i
6/29/2020Evercore ISIInitiated CoverageOutperform$36.00High
i
6/29/2020GuggenheimInitiated CoverageBuy$36.00High
i
6/29/2020Credit Suisse GroupInitiated CoverageOutperform$37.00High
i
6/29/2020The Goldman Sachs GroupInitiated CoverageNeutral$33.00High
i
6/23/2020Sanford C. BernsteinInitiated CoverageMarket Perform$33.00Low
i
6/3/2020Atlantic SecuritiesInitiated CoverageNeutral$23.00Low
i
(Data available from 11/28/2015 forward)
Warner Music Group logo
Warner Music Group Corp. operates as a music-based content company in the United States, the United Kingdom, and internationally. The company operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as the related marketing, promotion, distribution, sale, and licensing of recorded music created by such artists. This segment also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin', Warner Classics, and Warner Music Nashville. This segment markets, sells, and licenses recorded music in various physical formats, including CDs, vinyl, and DVDs; and digital formats, such as downloads and streaming. The Music Publishing segment owns and acquires rights to approximately 1.4 million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions. Its catalog includes approximately 80,000 songwriters and composers; and a range of genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative, and gospel. This segment also administers the music and soundtracks of various third-party television and film producers and studios; and operates production music library. In addition, it offers music and video products to retailers and wholesale distributors; and distribution centers and ventures. The company was founded in 1929 and is headquartered in New York, New York. Warner Music Group Corp. is a subsidiary of AI Entertainment Holdings LLC.
Read More

Today's Range

Now: $28.35
$28.11
$29.28

50 Day Range

MA: $28.47
$26.24
$29.85

52 Week Range

Now: $28.35
$25.61
$34.76

Volume

554,798 shs

Average Volume

1,105,640 shs

Market Capitalization

$14.46 billion

P/E Ratio

N/A

Dividend Yield

1.66%

Beta

N/A