Scholastic Corp (SCHL) Receives a Rating Update from a Top Analyst


In a report released today, Drew Crum from Stifel Nicolaus maintained a Hold rating on Scholastic Corp (NASDAQ: SCHL), with a price target of $44. The company’s shares closed yesterday at $46.85, close to its 52-week high of $47.94.

According to TipRanks.com, Crum is a top 25 analyst with an average return of 38.2% and a 87.8% success rate. Crum covers the Consumer Goods sector, focusing on stocks such as Brunswick Corporation, Electronic Arts, and Harley-Davidson.

Currently, the analyst consensus on Scholastic Corp is a Hold with an average price target of $44.

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The company has a one-year high of $47.94 and a one-year low of $33.84. Currently, Scholastic Corp has an average volume of 110.4K.

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. Last month, Judith Newman, the EVP, President, Book Clubs of SCHL sold 18,517 shares for a total of $769,172.

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 distribution of children’s books, magazines, and teaching materials. It operates through the following segments: Children’s Book Publishing and Distribution; Education; and International.

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