New York Times Company (The) (NYT) : The consensus on New York Times Company (The) (NYT) based on 2 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
New York Times Company (The) (NYT) : The highest level New York Times Company (The) (NYT) is projected to reach is $15 for the short term and the lowest estimate is at $13. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $14 and the possibility the share price can swing is $1.
Company shares have received an average consensus rating of Hold for the current week
New York Times Company (The) (NYSE:NYT): The stock opened at $12.72 on Wednesday but the bulls could not build on the opening and the stock topped out at $12.85 for the day. The stock traded down to $12.72 during the day, due to lack of any buying support eventually closed down at $12.75 with a loss of -0.23% for the day. The stock had closed at $12.78 on the previous day. The total traded volume was 827,672 shares.
The New York Times Company is a media organization focused on creating, collecting and distributing news and information. The Company includes newspapers, digital businesses and investments in paper mills. The Companys businesses include The New York Times (The Times); the International New York Times (INYT), the international edition of The Times; its Websites, NYTimes.com and international.nytimes.com, and related businesses, such as The Times news services division, digital archive distribution, conferences business and other products and services. The Times is a daily (Monday to Saturday) and Sunday newspaper, and INYT is a daily newspaper. The Companys content reaches its audience through its print products, online and through other digital media, including smartphone, tablet and e-reader applications. The Company generates revenues principally from circulation and advertising.