Analyst Rating Update on Dreamworks Animation SKG (DWA)

Dreamworks Animation SKG (NASDAQ:DWA) : 11 analysts are covering Dreamworks Animation SKG (NASDAQ:DWA) and their average rating on the stock is 3.18, which is read as a Hold. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 2 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Dreamworks Animation SKG (NASDAQ:DWA) : 9 investment research analysts covering Dreamworks Animation SKG (NASDAQ:DWA) have an average price target of $38.22 for the near short term. The highest target price given by the Brokerage Firm to the stock is $41 and the lowest target is $16 for the short term. Analysts expect the variance to be within $8.33 of the average price.

Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Topeka Capital upgrades its ratings on Dreamworks Animation SKG (NASDAQ:DWA). According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Sell rating on the shares. The rating by the firm was issued on May 3, 2016.

Dreamworks Animation SKG (NASDAQ:DWA): stock turned positive on Tuesday. Though the stock opened at $40.7, the bulls momentum made the stock top out at $40.78 level for the day. The stock recorded a low of $40.7 and closed the trading day at $40.78, in the green by 0.15%. The total traded volume for the day was 1,610,724. The stock had closed at $40.72 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Satterthwaite Dan, officer (Head of Human Resources) of Dreamworks Animation Skg, Inc., had unloaded 4,918 shares at an average price of $27.5 in a transaction dated on April 19, 2016. The total value of the transaction was worth $135,245.

DreamWorks Animation SKG, Inc. (DreamWorks Animation) creates and exploits branded family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company operates in four segments: Feature Films, Television Series and Specials, Consumer Products and New Media. Feature Films segment consists of the development, production and exploitation of feature films in the theatrical television home entertainment and digital markets. Television Series and Specials segment consist of the development production and exploitation of television direct-to-video and other nontheatrical content in the television home entertainment and digital markets. Consumer Products segment consists of the Companys merchandising and licensing activities. New Media segment consists of ATV and related businesses. Operating segments that are not separately reportable are categorized in all other.

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