# Formula One Group – Consensus ‘buy’ rating and 27.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/formula-one-group-consensus-buy-rating-and-27.0-upside-potential/4121126395
- Published: 2023-08-30T11:25:00+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 90 and 68
calculating the mean target price we have $82.71. Given that the stocks previous
close was at $65.12 and the analysts are correct then there would likely be a percentage
uptick in value of 27.0%. Also worth taking note is the 50 day moving average now
sits at $71.49 while the 200 day moving average is $68.46. The market cap for the
company is 15.07B. The stock price is currently at: 66.32 USD

 The potential market cap would be $19,138,670,330 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 35.66, revenue per share of 11 and
a 0.95% 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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