Analysts Offer Insights on Communication Services Companies: Warner Music Group (WMG), BCE (BCE) and Kakaku (OtherKKKUF)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on Warner Music Group (WMG – Research Report), BCE (BCE – Research Report) and Kakaku (KKKUF – Research Report).
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Warner Music Group (WMG)
In a report issued on February 6, Michael Morris from Guggenheim maintained a Buy rating on Warner Music Group, with a price target of $37.00. The company’s shares closed last Friday at $29.05.
According to TipRanks.com, Morris is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Warner Music Group with a $37.20 average price target, implying a 27.0% upside from current levels. In a report issued on January 27, MoffettNathanson also initiated coverage with a Buy rating on the stock with a $38.00 price target.
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BCE (BCE)
In a report issued on February 6, Drew Mcreynolds from RBC Capital maintained a Buy rating on BCE, with a price target of C$38.00. The company’s shares closed last Friday at $25.08.
According to TipRanks.com, Mcreynolds is a 4-star analyst with an average return of
Currently, the analyst consensus on BCE is a Moderate Buy with an average price target of $27.38, which is a 7.4% upside from current levels. In a report issued on February 4, TipRanks – Google also upgraded the stock to Buy with a C$39.00 price target.
Kakaku (KKKUF)
Jefferies analyst Hiroko Sato maintained a Hold rating on Kakaku on February 6 and set a price target of Yen2160.00. The company’s shares closed last Monday at $13.55.
According to TipRanks.com, Sato is a 4-star analyst with an average return of
Kakaku has an analyst consensus of Hold, with a price target consensus of $13.77, representing a 1.6% upside. In a report issued on February 6, TipRanks – Google also downgraded the stock to Hold with a Yen2052.00 price target.
