Dreamworks Animation SKG (DWA) has an average broker rating of 3.18, which is interpreted as a Hold, as rated by 11 equity analysts. Nevertheless, the majority of 9 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. 2 considers that the stock is a Sell.
Dreamworks Animation SKG (DWA) : 9 investment research analysts covering Dreamworks Animation SKG (DWA) have an average price target of $38.22 for the near short term. The highest target price given by the Brokerage Firm to the stock is $41 and the lowest target is $16 for the short term. Analysts expect the variance to be within $8.33 of the average price.
Dreamworks Animation SKG (NASDAQ:DWA): The stock opened at $40.92 on Wednesday but the bulls could not build on the opening and the stock topped out at $40.97 for the day. The stock traded down to $40.87 during the day, due to lack of any buying support eventually closed down at $40.95 with a loss of -0.05% for the day. The stock had closed at $40.97 on the previous day. The total traded volume was 2,221,492 shares.
Also, Brokerage firm Topeka Capital upgrades its rating on Dreamworks Animation SKG (NASDAQ:DWA). The shares have been rated Hold. Previously, the analysts had a Sell rating on the shares. The rating by the firm was issued on May 3, 2016. The company shares have rallied 67.29% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $40.99 and the one year low was seen on Sep 24, 2015. The 50-Day Moving Average price is $40.38 and the 200 Day Moving Average price is recorded at $30.38.
DreamWorks Animation SKG, Inc. (DreamWorks Animation) creates and exploits branded family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company operates in four segments: Feature Films, Television Series and Specials, Consumer Products and New Media. Feature Films segment consists of the development, production and exploitation of feature films in the theatrical television home entertainment and digital markets. Television Series and Specials segment consist of the development production and exploitation of television direct-to-video and other nontheatrical content in the television home entertainment and digital markets. Consumer Products segment consists of the Companys merchandising and licensing activities. New Media segment consists of ATV and related businesses. Operating segments that are not separately reportable are categorized in all other.