MKM Partners Sets Scripps Networks Interactive Price Target at $60.00 (SNI)

By admin | 6 years ago

Equities research analysts at MKM Partners upped their price target on shares of Scripps Networks Interactive (NYSE: SNI) from $49.00 to $60.00 in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock.

SNI has been the subject of a number of other recent research reports. Analysts at Morgan Stanley (NYSE: MS) raised their price target on shares of Scripps Networks Interactive to $51.00 in a research note to investors on Monday, April 23rd. Finally, analysts at Wunderlich raised their price target on shares of Scripps Networks Interactive from $53.00 to $55.00 in a research note to investors on Friday, April 13rd. They now have a “buy” rating on the stock.

Scripps Networks Interactive traded up 0.22% on Friday, hitting $54.33. Scripps Networks Interactive has a 52-week low of $33.82 and a 52-week high of $52.37. The company has a market cap of $8.271 billion and a price-to-earnings ratio of 20.67.

Scripps Networks Interactive last released its earnings data on Thursday, May 3rd. The company reported $0.73 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.61 by $0.12. Scripps Networks Interactive’s revenue was up 11.3% compared to the same quarter last year. Analysts expect that Scripps Networks Interactive will post $0.75 EPS next quarter.

Scripps Networks Interactive, Inc. (SNI) is a lifestyle content and interactive services company with television and interactive brands.

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