Meredith Corporation – Consensus Indicates Potential -10.2% Downside

Broker Ratings
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Meredith Corporation with ticker code (MDP) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 59 and 36 calculating the average target price we see 53. Given that the stocks previous close was at 59 this is indicating there is a potential downside of -10.2%. The 50 day MA is 57.94 while the 200 day moving average is 42.9. The company has a market cap of $2,706m. You can visit the company’s website by visiting: 0

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

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