Meredith Corporation – Consensus ‘Hold’ rating and -10.2% Downside Potential

Broker Ratings
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Meredith Corporation which can be found using ticker (MDP) have now 4 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 59 and 36 with the average target price sitting at $53.00. Now with the previous closing price of $59.00 this indicates there is a potential downside of -10.2%. The 50 day MA is $57.94 while the 200 day moving average is $42.90. The company has a market cap of $2,706m. Company Website: 0

The potential market cap would be $2,430m based on the market consensus.

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The company is not paying dividends at this time.

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