Macquarie Maintains Their Buy Rating on Formula One Group (FWONA)


In a report issued on February 14, Amy Yong from Macquarie maintained a Buy rating on Formula One Group (FWONA). The company’s shares closed on Friday at $30.88.

According to TipRanks.com, Yong is a 4-star analyst with an average return of 5.0% and a 55.2% success rate. Yong covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Live Nation Entertainment, and Madison Square Garden Co.

Formula One Group has an analyst consensus of Moderate Buy, with a price target consensus of $40.

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The company has a one-year high of $37.32 and a one-year low of $26.63. Currently, Formula One Group has an average volume of 156.4K.

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Liberty Media Corp. engages in the operation and ownership of various media, communications, and entertainment businesses. It operates through the SIRIUS XM and Formula 1 segments. The SIRIUS XM provides a subscription based satellite radio service.

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