Nomura Gives Neutral Rating to Scripps Networks Interactive (SNI)

By admin | 6 years ago

Scripps Networks Interactive (NYSE: SNI)‘s stock had its “neutral” rating reiterated by equities research analysts at Nomura (NYSE: NMR) in a research note issued to investors on Friday.

Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG (NYSE: UBS) raised their price target on shares of Scripps Networks Interactive from $48.00 to $55.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at Morgan Stanley (NYSE: MS) raised their EPS on shares of Scripps Networks Interactive in a research note to investors on Friday. They now have an “equal weight” rating and a $58.00 price target on the stock. Finally, analysts at MKM Partners raised their price target on shares of Scripps Networks Interactive from $49.00 to $60.00 in a research note to investors on Friday. They now have a “buy” rating on the stock.

Scripps Networks Interactive traded down 0.52% on Friday, hitting $53.93. Scripps Networks Interactive has a 1-year low of $33.82 and a 1-year high of $52.37. The company has a market cap of $8.210 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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