Barrington Maintains Their Buy Rating on Sirius XM Holdings (SIRI)

Barrington analyst James Goss maintained a Buy rating on Sirius XM Holdings (SIRIResearch Report) today and set a price target of $8.00. The company’s shares closed last Monday at $6.79, close to its 52-week high of $6.86.

According to TipRanks.com, Goss is a 4-star analyst with an average return of 6.7% and a 54.3% success rate. Goss covers the Services sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and Lions Gate Ent Cl A.

Sirius XM Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $7.50, which is a 9.5% upside from current levels. In a report issued on October 31, Pivotal Research also reiterated a Buy rating on the stock with a $8.00 price target.

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The company has a one-year high of $6.86 and a one-year low of $5.23. Currently, Sirius XM Holdings has an average volume of 17.57M.

Based on the recent corporate insider activity of 132 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 SIRI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.