Benchmark Co. analyst Matthew Harrigan maintained a Buy rating on Sirius XM Holdings (NASDAQ:SIRI) Inc on Friday, setting a price target of $8, which is approximately 33.56% above the present share price of $5.99.
Harrigan expects Sirius XM Holdings Inc to post earnings per share (EPS) of $0.06 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Sirius XM Holdings, with an average price target of $7.28.
The analysts price targets range from a high of $8 to a low of $5.5.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.87 billion and a net profit of $439 million. The company's market cap is $26 billion.
According to TipRanks.com, Benchmark Co. analyst Matthew Harrigan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.1% and a 68.97% success rate.
Sirius XM Holdings, Inc. is a radio company. The company offers music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. Its brand channels include SiriusXM Traffic, SiriusXM Travel Link, NavTraffic, NavWeather, SiriusXM Aviation and SiriusXM Marine. The company was founded in 1990 and is headquartered in New York, NY.