Analysts at RBC Capital Mkts Have Reiterated their Past ‘Sector Perform’ rating on Shares Scripps Networks Interactive (NYSE:SNI), Set a $69 PT

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Scripps Networks Interactive (NYSE:SNI) Rating Reaffirmed

RBC Capital Mkts now has a $69 target price on shares of Scripps Networks Interactive (NYSE:SNI). The target price would now indicate a potential upside of 19.50% from the last stock close of Scripps Networks Interactive (NYSE:SNI). This rating was disclosed to clients in an analyst note on Monday, 30 November.

From a total of 9 analysts covering Scripps Networks (NYSE:SNI) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 6 a ”Hold”. This means that 22% of the ratings are positive. The highest target price is $76.0 while the lowest target price is $3. The mean of all analyst targets is $54.71 with a -5.25% below today’s ($57.74) stock price. Scripps Networks was the topic of 15 analyst reports since August 14, 2015 according to the firm StockzIntelligence Inc. Credit Agricole upgraded shares on November 13 to “Outperform” rating. Citigroup maintained shares with “Neutral” rating and $62 target share price in a report from an August 24. M Partners maintained SNI stock in a recent report from November 10 with “Neutral” rating. Finally, Goldman Sachs downgraded the stock to “Sell” rating in a report issued on an October 5.

The stock decreased 0.40% or $0.23 on November 27, striking $57.74. Approximately shares of stock traded hands. Scripps Networks Interactive, Inc. (NYSE:SNI) has declined 16.43% since April 27, 2015 and is downtrending. It has underperformed by 15.54% the S&P500.

Scripps Networks Interactive, Inc. is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The company has a market cap of $7.42 billion. The Firm manages its activities through its Lifestyle Media segment. It has 13.28 P/E ratio. Lifestyle Media includes its six national television networks, HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country.

According to Zacks Investment Research, “SCRIPPS NETWORKS INTERACTIVE INC. is the leading developer of lifestyle-oriented content for television and the Internet, where on-air programming is complemented with online video, social media areas and e-commerce components on companion Web sites and broadband vertical channels. The company’s media portfolio includes: Lifestyle Media, with popular lifestyle television and Internet brands HGTV, Food Network, DIY Network, Fine Living Network and country music network Great American Country (GAC); and Interactive Services, with leading online search and comparison shopping services, Shopzilla and uSwitch.” Get a free copy of the Zacks research report on Scripps Networks Interactive, Inc. (SNI)

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