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Formula One Group's stock fell 0.5% to $79.84, despite analysts' "Moderate Buy" rating.
Formula One Group's stock, which saw a 3.8% rise to close at $82.79 on Friday, dropped 0.5% to $79.84 on Wednesday, following a loss of $1.03 per share reported in its latest earnings.
Despite the loss, analysts predict a positive outlook with a "Moderate Buy" rating and a price target of $95.33.
The company, owning commercial rights for Formula One racing globally, has a market cap of $20.64 billion and is largely owned by institutional investors.
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Las acciones del Grupo Fórmula Uno cayeron un 0,5% a 79,84 dólares, a pesar de la calificación de "Compra Moderada" de los analistas.