Meredith Corporation – Consensus Indicates Potential -10.2% Downside

Broker Ratings
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Meredith Corporation with ticker code (MDP) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 59 and 36 and has a mean target at 53. Now with the previous closing price of 59 this would indicate that there is a downside of -10.2%. The 50 day moving average now sits at 57.94 while the 200 day moving average is 42.9. The market capitalisation for the company is $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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