Noble Financial analyst Michael Kupinski maintained a Buy rating on EW Scripps (NASDAQ: SSP) on October 18. The company’s shares closed yesterday at $17.22, close to its 52-week high of $17.75.
According to TipRanks.com, Kupinski has currently no stars on a ranking scale of 0-5 stars, with an average return of -4.1% and a 41.2% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, 1-800 Flowers.com, and McClatchy Company.
EW Scripps has an analyst consensus of Moderate Buy, with a price target consensus of $17.50, which is a 1.6% upside from current levels. In a report issued on October 18, Benchmark Co. also maintained a Buy rating on the stock with a $20 price target.
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The company has a one-year high of $17.75 and a one-year low of $10.69. Currently, EW Scripps has an average volume of 391.9K.
Based on the recent corporate insider activity of 97 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SSP in relation to earlier this year.
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The E.W. Scripps Co. engages in the television and newspaper publishing. It operates through the following business segments: Local Media, National Media, and Others. The Local Media segment is comprised of its local broadcast television stations and their related digital operations.
