Zacks Rating on Meredith Corporation (MDP)

Meredith Corporation (MDP) : Zacks Investment Research ranks Meredith Corporation (MDP) as 3, which is a Hold recommendation. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 3, which indicates as a Hold.

Meredith Corporation (MDP) : 2 Wall Street analysts covering Meredith Corporation (MDP) believe that the average level the stock could reach for the short term is $50. The maximum price target given is $50 and the minimum target for short term is around $50, hence the standard deviation is calculated at $0.


Shares of Meredith Corporation appreciated by 0.13% during the last five trading days but lost 2.99% on a 4-week basis. Meredith Corporation is up 11.08% in the last 3-month period. Year-to-Date the stock performance stands at 28.03%. Meredith Corporation (NYSE:MDP): On Tuesdays trading session , Opening price of the stock was $54.42 with an intraday high of $55.03. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $54.14. However, the stock managed to close at $54.19, a loss of 0.09% for the day. On the previous day, the stock had closed at $54.24. The total traded volume of the day was 256,120 shares.

Meredith Corporation is a media and marketing company. The Company operates two business segments namely local media and national media. Its national media segment includes national consumer media brands delivered via multiple media platforms including print magazines and digital and mobile media, brand licensing activities, database-related activities and business-to-business marketing products and services. The local media segment consists of the operations of network-affiliated television stations, related digital and mobile media, and video creation operations. Local media segment consists of 14 owned television stations and one operated television station located across the United States in digital and mobile media, and a national video creation unit.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.