Meredith Corporation – Consensus Indicates Potential -10.2% Downside

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 target price High/Low ranges between 59 and 36 calculating the average target price we see $53.00. Now with the previous closing price of $59.00 this would indicate that there is a downside of -10.2%. It’s also worth noting that there is a 50 day moving average of $57.94 while the 200 day moving average is $42.90. The total market capitalization for the company now stands at $2,706m. You can visit the company’s website by visiting: 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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