Wanda Sports Group (NYSE:WSG) Earns Buy Rating from Analysts at Loop Capital
Analysts at Loop Capital began coverage on shares of Wanda Sports Group (NYSE:WSG) in a note issued to investors on Wednesday, The Fly reports. The firm set a “buy” rating on the stock.
A number of other research analysts have also weighed in on the stock. Deutsche Bank started coverage on shares of Wanda Sports Group in a research report on Wednesday. They set a “buy” rating and a $11.00 target price for the company. Morgan Stanley started coverage on shares of Wanda Sports Group in a report on Wednesday. They set an “overweight” rating on the stock. Finally, Citigroup started coverage on shares of Wanda Sports Group in a report on Wednesday. They set a “buy” rating and a $5.50 price objective on the stock.
Shares of NYSE:WSG traded up $0.52 during trading on Wednesday, reaching $4.44. 1,304,513 shares of the company traded hands, compared to its average volume of 726,172. Wanda Sports Group has a 1-year low of $3.54 and a 1-year high of $6.24.
Wanda Sports Group Company Limited operates as a sports events, media, and marketing platform worldwide. The company engages in the rights distribution, broadcast hosting, digital media and entertainment, program production, event operations and licensing, and brand development and sponsorship activities.
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