# Formula One Group – Consensus ‘buy’ rating and 19.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/formula-one-group-consensus-buy-rating-and-19.1-upside-potential/4121160925
- Published: 2024-06-19T14:41:00+01:00
- Author: Charlotte Edwards

**Formula One Group** which can be found using ticker (FWONK) now have 7 market 
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The range between the high target price and low target price is between $115.00 
and $54.00 with the average target price sitting at $86.57. Now with the previous
closing price of $72.67 this now indicates there is a potential upside of 19.1%.
The 50 day MA is $70.77 while the 200 day moving average is $67.33. The market cap
for the company is 16.91B. The stock price for the company is currently is currently
$72.67 USD

 The potential market cap would be $20,139,470,817 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 47.81, revenue per share of $14.58
and a 2.23% return on assets.

Liberty Media Corporation operates and owns interests in a range of media, communications
and entertainment businesses. The Company’s businesses are attributed to three tracking
stock groups: the Liberty SiriusXM Group, the Braves Group and the Formula One Group.
The Company operates through two segments. Sirius XM Holdings segment operates two
complementary audio entertainment businesses, Sirius XM and Pandora and Off-platform.
Sirius XM features music, sports, entertainment, comedy, talk, news, traffic and
weather channels and other content, as well as podcasts and infotainment services,
in the U.S. on a subscription fee basis. The Pandora and Off-platform business operates
a music, comedy and podcast streaming platform. Formula 1 segment is a global motorsports
business that holds commercial rights with respect to the World Championship, an
annual, approximately nine-month long, motor race-based competition.

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