Rovi Corporation (ROVI) : 3 Wall Street analysts covering Rovi Corporation (ROVI) believe that the average level the stock could reach for the short term is $30. The maximum price target given is $32 and the minimum target for short term is around $27, hence the standard deviation is calculated at $2.65.
Rovi Corporation (ROVI) : The consensus on Rovi Corporation (ROVI) based on 4 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Rovi Corporation (NASDAQ:ROVI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.51 and $20.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.64. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.58, notching a gain of 0.54% for the day. The total traded volume was 2,008,921 . The stock had closed at $20.47 on the previous day.
Rovi Corporation is a digital entertainment technology company. The Company is focused on content discovery and personalization through its technology and intellectual property, using data and analytics to monetize interactions across various entertainment platforms. Content discovery solutions include interactive program guides (IPGs), search and recommendations, cloud data services and its database of metadata, which includes descriptive information, promotional images or other content that describe or relate to Television shows, videos, movies, music, books, games or other entertainment content. The Company also offers advertising and analytics services. The Company operates under the following segments: Intellectual Property Licensing, Products and Corporate. Its solutions are deployed around the world in the cable, satellite, consumer electronics, entertainment, media and online distribution markets.