Scripps Networks Interactive Inc (SNI) has an average broker rating of 2.31, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Scripps Networks Interactive Inc (SNI) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $90 and the lowest price target forecast is $57. The average forecast of all the analysts is $69.8 and the expected standard deviation is $8.95.
Company shares have received an average consensus rating of Hold for the current week Scripps Networks Interactive Inc (NYSE:SNI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.07 and $61.95 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $63.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $63.50, notching a gain of 2.24% for the day. The total traded volume was 1,547,782 . The stock had closed at $62.11 on the previous day.
In a related news,The officer (EVP, Global Operations & CTO) of Scripps Networks Interactive, Inc., Hale Mark S sold 8,118 shares at $64.65 on May 13, 2016. The Insider selling transaction had a total value worth of $524,829. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Scripps Networks Interactive, Inc. (SNI) is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The Company manages its operations through its Lifestyle Media segment. Lifestyle Media includes its six national television networks, HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. HGTV focuses on decorating, interior design, home remodeling, landscape design and real estate topics. Food Network programming content includes food-related topics. Travel Channel is a travel multi-media brand. DIY Network provides entertaining and informational programming content. Cooking Channel programming focuses on food information and instructional cooking. Great American Country offers the country music experience, music performance specials, live concerts and country music videos.