Time (TIME) : 4 analysts are covering Time (TIME) and their average rating on the stock is 2, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Time (TIME) : 3 Wall Street analysts covering Time (TIME) believe that the average level the stock could reach for the short term is $17.33. The maximum price target given is $20 and the minimum target for short term is around $15, hence the standard deviation is calculated at $2.52.
Shares of Time Inc. appreciated by 0.21% during the last five trading days but lost 14.04% on a 4-week basis. Time Inc. has dropped 3.06% during the last 3-month period . Year-to-Date the stock performance stands at -9%. Time (NYSE:TIME): On Tuesdays trading session , Opening price of the stock was $14.44 with an intraday high of $14.51. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.23. However, the stock managed to close at $14.26, a loss of 0.90% for the day. On the previous day, the stock had closed at $14.39. The total traded volume of the day was 643,868 shares.
Time Inc. is a media company. The Companys brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine, as well as approximately 50 titles in the United Kingdom, such as Decanter and Horse & Hound. The Company is engaged in celebrated events and franchises, including the Fortune 500, Time 100, Peoples Sexiest Man Alive, Sports Illustrateds Sportsman of the Year, the Food & Wine Classic in Aspen, the Essence Festival and the biennial Fortune Global Forum. It also provides content marketing, targeted local print and digital advertising programs, book publishing and marketing and support services, including subscription sales services for magazines and other products, retail distribution and marketing services and customer service and fulfillment services, for the Company and third-party customers, including other magazine publishers.