Brokerages Set $42.00 Target Price for Liberty Braves Group Series A (BATRA)

Liberty Braves Group Series A (NASDAQ:BATRA) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus target price of $42.00 for the company, according to Zacks. Zacks has also given Liberty Braves Group Series A an industry rank of 22 out of 255 based on the ratings given to its competitors.

Separately, ValuEngine raised Liberty Braves Group Series A from a “hold” rating to a “buy” rating in a report on Monday, February 4th.

Several institutional investors and hedge funds have recently modified their holdings of BATRA. Loeb Partners Corp acquired a new stake in Liberty Braves Group Series A during the 4th quarter valued at $59,000. Metropolitan Life Insurance Co. NY increased its holdings in Liberty Braves Group Series A by 353.8% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 3,594 shares of the financial services provider’s stock valued at $90,000 after purchasing an additional 2,802 shares in the last quarter. Bank of America Corp DE increased its holdings in Liberty Braves Group Series A by 86.6% during the 4th quarter. Bank of America Corp DE now owns 6,560 shares of the financial services provider’s stock valued at $164,000 after purchasing an additional 3,044 shares in the last quarter. Millennium Management LLC acquired a new stake in Liberty Braves Group Series A during the 4th quarter valued at $203,000. Finally, MetLife Investment Advisors LLC increased its holdings in Liberty Braves Group Series A by 55.2% during the 3rd quarter. MetLife Investment Advisors LLC now owns 7,882 shares of the financial services provider’s stock valued at $215,000 after purchasing an additional 2,802 shares in the last quarter. 78.81% of the stock is owned by institutional investors and hedge funds.

Liberty Braves Group Series A stock traded up $0.59 during trading hours on Wednesday, hitting $28.26. The stock had a trading volume of 63,759 shares, compared to its average volume of 48,680. Liberty Braves Group Series A has a fifty-two week low of $21.77 and a fifty-two week high of $29.66.

Liberty Braves Group Series A (NASDAQ:BATRA) last issued its earnings results on Thursday, February 28th. The financial services provider reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $32.00 million during the quarter.

Liberty Braves Group Series A Company Profile

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.

Recommended Story: How do taxes affect a CDs total return?

Get a free copy of the Zacks research report on Liberty Braves Group Series A (BATRA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Liberty Braves Group Series A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Braves Group Series A and related companies with MarketBeat.com's FREE daily email newsletter.