Scholastic Corp Receives a Hold from Stifel Nicolaus


Stifel Nicolaus analyst Drew Crum maintained a Hold rating on Scholastic Corp (NASDAQ: SCHL) today and set a price target of $43. The company’s shares closed on Friday at $46.57, close to its 52-week high of $47.77.

According to TipRanks.com, Crum is a top 25 analyst with an average return of 39.8% and a 91.7% success rate. Crum covers the Consumer Goods sector, focusing on stocks such as Electronic Arts, Harley-Davidson, and Jakks Pacific.

The word on The Street in general, suggests a Hold analyst consensus rating for Scholastic Corp with a $43 average price target.

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The company has a one-year high of $47.77 and a one-year low of $33.51. Currently, Scholastic Corp has an average volume of 100.7K.

Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. Most recently, in April 2018, Richard Robinson, the CEO, Chairman and President of SCHL sold 30,000 shares for a total of $1,210,500.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Scholastic Corp. engages in the publication and market of children’s books, magazines, and teaching materials. It operates through the following segments: Children’s Book Publishing and Distribution; Educational; and International.

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