Somewhat Positive News Coverage Somewhat Unlikely to Affect Scripps Networks Interactive (SNI) Stock Price

News coverage about Scripps Networks Interactive (NASDAQ:SNI) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Scripps Networks Interactive earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.8317188786884 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

A number of equities research analysts have recently weighed in on the company. UBS AG restated a “neutral” rating and set a $90.00 price target (up previously from $83.00) on shares of Scripps Networks Interactive in a research note on Tuesday, August 1st. Argus lowered Scripps Networks Interactive from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Citigroup Inc. raised Scripps Networks Interactive from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $66.00 to $90.00 in a report on Tuesday, August 1st. Moffett Nathanson raised Scripps Networks Interactive from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $61.00 to $87.00 in a report on Monday, July 31st. Finally, Needham & Company LLC downgraded Scripps Networks Interactive from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Two investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $84.21.

Scripps Networks Interactive (NASDAQ:SNI) opened at 85.46 on Wednesday. Scripps Networks Interactive has a one year low of $60.63 and a one year high of $88.45. The firm has a market capitalization of $11.09 billion, a P/E ratio of 17.64 and a beta of 1.47. The firm has a 50-day moving average price of $85.76 and a 200-day moving average price of $76.93.

In other Scripps Networks Interactive news, Director Jeffrey Sagansky sold 1,159 shares of Scripps Networks Interactive stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $87.83, for a total value of $101,794.97. Following the transaction, the director now directly owns 9,457 shares in the company, valued at approximately $830,608.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.50% of the company’s stock.

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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.

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