Starz (STRZA) : Zacks Investment Research ranks Starz (STRZA) as 2, which is a Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.3, which indicates as a Buy.
Starz (STRZA) : 9 investment research analysts covering Starz (STRZA) have an average price target of $33.96 for the near short term. The highest target price given by the Brokerage Firm to the stock is $47 and the lowest target is $26 for the short term. Analysts expect the variance to be within $7.8 of the average price.
Starz (NASDAQ:STRZA): The stock opened at $29.20 on Wednesday but the bulls could not build on the opening and the stock topped out at $29.52 for the day. The stock traded down to $29.09 during the day, due to lack of any buying support eventually closed down at $29.22 with a loss of -0.51% for the day. The stock had closed at $29.37 on the previous day. The total traded volume was 3,935,124 shares.
Also, Equity Analysts at the Brokerage Firm, Macquarie, downgrades their rating on the shares of Starz (NASDAQ:STRZA). Macquarie has a Neutral rating on the shares. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 1, 2016. The company shares have dropped -31.78% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $46.59 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $27.25 and the 200 Day Moving Average price is recorded at $27.43.
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.