Scripps Networks Interactive, Inc (NASDAQ:SNI)‘s stock had its “hold” rating reaffirmed by stock analysts at Cowen and Company in a research report issued on Friday. They currently have a $90.00 price target on the stock. Cowen and Company’s price objective suggests a potential upside of 5.30% from the company’s previous close.

SNI has been the topic of several other research reports. Zacks Investment Research upgraded shares of Scripps Networks Interactive from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. BidaskClub cut shares of Scripps Networks Interactive from a “buy” rating to a “hold” rating in a research note on Saturday, September 2nd. J P Morgan Chase & Co restated an “overweight” rating and set a $83.00 target price on shares of Scripps Networks Interactive in a research note on Monday, July 10th. Royal Bank Of Canada lifted their target price on shares of Scripps Networks Interactive from $76.00 to $90.00 and gave the company an “outperform” rating in a research note on Thursday, August 17th. Finally, MKM Partners restated a “neutral” rating and set a $73.00 target price (down previously from $84.00) on shares of Scripps Networks Interactive in a research note on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $84.20.

Scripps Networks Interactive (NASDAQ:SNI) traded up 0.27% during midday trading on Friday, hitting $85.47. The company’s stock had a trading volume of 931,851 shares. Scripps Networks Interactive has a 12 month low of $59.32 and a 12 month high of $88.45. The company’s 50 day moving average price is $85.70 and its 200 day moving average price is $75.97. The firm has a market cap of $11.10 billion, a P/E ratio of 17.64 and a beta of 1.47.

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In other Scripps Networks Interactive news, Director Jeffrey Sagansky sold 1,159 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $87.83, for a total value of $101,794.97. Following the sale, the director now owns 9,457 shares in the company, valued at approximately $830,608.31. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.50% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of SNI. YorkBridge Wealth Partners LLC increased its holdings in shares of Scripps Networks Interactive by 14.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,552 shares of the company’s stock worth $106,000 after buying an additional 193 shares during the last quarter. Mountain Capital Investment Advisors Inc bought a new stake in shares of Scripps Networks Interactive in the 2nd quarter worth about $126,000. Mascoma Wealth Management LLC bought a new stake in shares of Scripps Networks Interactive in the 2nd quarter worth about $130,000. Federated Investors Inc. PA increased its holdings in shares of Scripps Networks Interactive by 48.4% in the 2nd quarter. Federated Investors Inc. PA now owns 2,378 shares of the company’s stock worth $163,000 after buying an additional 776 shares during the last quarter. Finally, SRS Capital Advisors Inc. increased its holdings in shares of Scripps Networks Interactive by 13.3% in the 1st quarter. SRS Capital Advisors Inc. now owns 2,152 shares of the company’s stock worth $168,000 after buying an additional 252 shares during the last quarter. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Scripps Networks Interactive Company Profile

Scripps Networks Interactive, Inc is a developer of lifestyle-oriented content, providing primarily home, food, travel and other lifestyle-related programing. The Company’s content is distributed through multiple methods, including television, the Internet, digital platforms and licensing arrangements.

Analyst Recommendations for Scripps Networks Interactive (NASDAQ:SNI)

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