# Formula One Group – Consensus ‘buy’ rating and 30.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/formula-one-group-consensus-buy-rating-and-30.0-upside-potential/4121134940
- Published: 2023-12-01T12:11:57+00:00
- Author: Charlotte Edwards

**Formula One Group** which can be found using ticker (FWONK) now have 10 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $92.00 and $68.00 suggesting an average Analsyt
target price of $82.40. Given that the stocks previous close was at $63.38 this 
would indicate that there is a potential upside of 30.0%. There is a 50 day moving
average of $65.84 while the 200 day moving average is $69.71. The company has a 
market capitalization of 14.77B. The stock price for the company is currently is
currently $63.66 USD

 The potential market cap would be $19,200,261,335 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 33.16, revenue per share of $11.75
and a 1.21% 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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