Goldman Sachs Keeps Their Buy Rating on Liberty Media Liberty Formula One (FWONK)

In a report released today, Stephen Laszczyk from Goldman Sachs maintained a Buy rating on Liberty Media Liberty Formula One, with a price target of $120.00. The company’s shares closed yesterday at $98.87.

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Laszczyk covers the Communication Services sector, focusing on stocks such as TKO Group Holdings, Liberty Media Liberty Formula One, and Live Nation Entertainment. According to TipRanks, Laszczyk has an average return of 5.2% and a 58.54% success rate on recommended stocks.

Currently, the analyst consensus on Liberty Media Liberty Formula One is a Moderate Buy with an average price target of $113.36.

The company has a one-year high of $106.26 and a one-year low of $74.34. Currently, Liberty Media Liberty Formula One has an average volume of 1.02M.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FWONK in relation to earlier this year. Earlier this month, Malcolm Ian Grant Gilchrist, a Director at FWONK sold 898.00 shares for a total of $89,979.60.