Scripps Networks Interactive Inc (SNI) : 4 brokerage houses believe that Scripps Networks Interactive Inc (SNI) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Scripps Networks Interactive Inc (SNI). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 14 Wall Street Analysts endorse the stock as a Buy with a rating of 2.36.
Scripps Networks Interactive Inc (SNI) stock is expected to deviate a maximum of $8.38 from the average target price of $70.4 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $90 and the most muted being $57.
Also, Major Brokerage house, Evercore ISI Group downgrades its ratings on Scripps Networks Interactive Inc (NYSE:SNI). According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on August 11, 2016.
Scripps Networks Interactive Inc (NYSE:SNI): After opening at $61.52, the stock dipped to an intraday low of $60.92 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $62.37 and the buying power remained strong till the end. The stock closed at $62.14 for the day, a gain of 1.04% for the day session. The total traded volume was 775,621. The stocks close on the previous trading day was $61.5.
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.