Meredith Corporation – Consensus Indicates Potential -10.2% Downside

Broker Ratings
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Meredith Corporation with ticker code (MDP) now have 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 59 and 36 and has a mean target at 53. Given that the stocks previous close was at 59 this would indicate that there is a downside of -10.2%. The day 50 moving average is 57.94 and the 200 day MA is 42.9. The market capitalisation for the company is $2,706m. Company Website: 0

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

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