Android app on Google Play

Investor Get First Look at Starz / Liberty Media Valuation; Maxim Sees Upside (LMCA) (LMCAC) (STRZA)

January 10, 2013 3:26 PM EST Send to a Friend
Get Alerts LMCA Hot Sheet
Price: $49.41 +0.37%

Rating Summary:
    11 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 24 | Down: 14 | New: 52
Trade LMCA Now!
Join SI Premium – FREE
Investors following the Liberty Media's / Starz (Nasdaq: LMCA) spinoff should be aware of the following changes. Non-Starz assets are now trading on a when-issued basis under the ticker LMCAV (Nasdaq: LMCAV), currently valued at $107.7. LMCA currently trades $121.3. This gives Starz an approximate value of $14.

Following the spinoff, Maxim Group thinks Starz, soon to trade under ticker STRZA (Nasdaq: STRAZ), will begin to move higher. They set a price target of $21 on the stock. They have a price target of $149 on LMCAV, down from $155. Both are Buy-rated.




You May Also Be Interested In


Related Categories

Analyst Comments, Analyst PT Change, Trader Talk

Related Entities

Maxim Group

Add Your Comment