Tag: Emmis Communications Corporation

  • Broadcasting Radio stocks: Sirius XM Holdings Inc. (NASDAQ:SIRI), Pandora Media (NYSE:P), Cumulus Media Inc (NASDAQ:CMLS), Emmis Communications Corporation (NASDAQ:EMMS)

    Sirius XM Holdings Inc. (NASDAQ:SIRI) average recommendation is overweight with average Target Price is $4.24.Sirius XM Holdings Inc. (NASDAQ:SIRI) stock opened at $3.59 in last trading session, and closed at $3.51, trading in the range of $3.51 – $3.60. The stock showed a negative weekly performance of -2.77%.

    Pandora Media (NYSE:P) has been given an average recommendation of “Hold” by the thirty-seven analysts that are currently covering the stock, AmericanBankingNews.com reports. Three analysts have rated the stock with a sell recommendation, sixteen have assigned a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $30.93. Pandora Media Inc (NYSE:P) shares closed at $37.15 on last trade day, by losing -0.21%. Stock 52 week range is $12.66 – $40.44. Company’s market capitalization is $7.33 billion.

    RBC Capital started coverage on shares of Cumulus Media (NASDAQ:CMLS) in a research report released on Friday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $9.00 price objective on the stock. Cumulus Media Inc (NASDAQ:CMLS) stock advanced 0.58% and finished the last session at $6.94. The EPS of the stock remained -0.56. Company’s market capitalization is $1.27 billion.

    Emmis Communications Corporation (NASDAQ:EMMS) is a diversified media company, principally focused on radio broadcasting. The Company owns 18 frequency modulation (FM) and three amplitude modulation (AM) radio stations in New York, Los Angeles, St. Louis, Austin (Emmis has a 50.1% controlling interest in Emmis’ radio stations located there), Indianapolis and Terre Haute, IN. One of the Company’s FM radio stations in Los Angeles and one of its FM radio stations in New York are operated pursuant to local marketing agreements (LMA’s) whereby third parties provide the programming for the stations and sell all advertising within that programming. Emmis Communications Corporation (NASDAQ:EMMS) stock opened at $3.40 in last trading session and closed at $3.32. The 52 week range of the stock is $1.43 – $3.67 and the day range was $3.28 – $3.40.