Zacks: Liberty Braves Group Series C (BATRK) Given $27.00 Average Target Price by Brokerages

Shares of Liberty Braves Group Series C (NASDAQ:BATRK) have received an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Analysts have set a 12 month consensus target price of $27.00 for the company and are forecasting that the company will post ($1.09) EPS for the current quarter, according to Zacks. Zacks has also assigned Liberty Braves Group Series C an industry rank of 29 out of 255 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded Liberty Braves Group Series C from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a report on Tuesday, January 1st.

A number of large investors have recently made changes to their positions in BATRK. Legal & General Group Plc grew its stake in shares of Liberty Braves Group Series C by 7.4% in the fourth quarter. Legal & General Group Plc now owns 11,953 shares of the financial services provider’s stock valued at $298,000 after buying an additional 823 shares in the last quarter. Clarfeld Financial Advisors LLC acquired a new stake in shares of Liberty Braves Group Series C in the fourth quarter valued at $25,000. Potrero Capital Research LLC grew its stake in shares of Liberty Braves Group Series C by 0.4% in the fourth quarter. Potrero Capital Research LLC now owns 316,412 shares of the financial services provider’s stock valued at $7,875,000 after buying an additional 1,106 shares in the last quarter. Loeb Partners Corp acquired a new stake in shares of Liberty Braves Group Series C in the fourth quarter valued at $30,000. Finally, First Bank & Trust acquired a new stake in shares of Liberty Braves Group Series C in the fourth quarter valued at $31,000. 74.95% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ BATRK opened at $28.44 on Wednesday. Liberty Braves Group Series C has a one year low of $21.85 and a one year high of $29.74. The stock has a market capitalization of $1.13 billion, a P/E ratio of 284.40 and a beta of 0.78.

About Liberty Braves Group Series C

The Liberty Braves Group, through its subsidiary, Braves Holdings, LLC, owns the Atlanta Braves Major League Baseball Club, stadium, and mixed use development project. The company is based in Englewood, Colorado. The Liberty Braves Group is a subsidiary of Liberty Media Corporation.

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