Starz (NASDAQ:STRZA) has an average broker rating of 2.1, which is interpreted as a Buy, as rated by 10 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 5 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.
Starz (NASDAQ:STRZA) : The consensus price target for Starz (NASDAQ:STRZA) is $33.96 for the short term with a standard deviation of $7.8. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $47, however, the pessimist price target for the company is $26.
For the current week, the company shares have a recommendation consensus of Buy.
Starz (NASDAQ:STRZA): On Tuesdays trading session , Opening price of the stock was $28.2 with an intraday high of $28.55. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $27.2988. However, the stock managed to close at $27.52, a loss of 1.57% for the day. On the previous day, the stock had closed at $27.96. The total traded volume of the day was 656,098 shares.
In an insider trading activity, Sagansky Jeffrey, director of Starz, unloaded 3,500 shares at an average price of $27.43 on May 9, 2016. The total amount of the transaction was worth $96,005, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Starz is an integrated media and entertainment company. Starz is engaged in video programming and development, production, acquisition and distribution of entertainment content. The Company has three segments: Starz Networks, Starz Distribution and Starz Animation. Starz Networks provides premium subscription video programming to multichannel video programming distributors (MVPDs) in the United States, including cable operators, satellite television providers and telecommunications companies. The Starz Distribution segment includes its Anchor Bay Entertainment, Starz Digital and Starz Worldwide Distribution businesses. Starz Animation, through Film Roman, LLC, develops and produces two-dimensional animated content for third party entertainment companies. The Company conducts its operations under the STARZ, ENCORE, MOVIEPLEX, Anchor Bay Entertainment, Starz Digital, Starz Worldwide and Film Roman brand names.