Noble Financial analyst Michael Kupinski maintained a Buy rating on EW Scripps (SSP – Research Report) yesterday and set a price target of $20. The company’s shares closed last Monday at $11.90, close to its 52-week low of $11.80.
According to TipRanks.com, Kupinski is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -5.2% and a 35.9% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, Tribune Publishing Co, and 1-800 Flowers.com.
EW Scripps has an analyst consensus of Moderate Buy, with a price target consensus of $19.67.
The company has a one-year high of $23.41 and a one-year low of $11.80. Currently, EW Scripps has an average volume of 402.2K.
Based on the recent corporate insider activity of 177 insiders, corporate insider sentiment is negative on the stock.
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The E.W. Scripps Co. engages in the television and newspaper publishing. It operates through the following business segments: Local Media, National Media, and Others. The Local Media segment is comprised of its local broadcast television stations and their related digital operations.