Noble Financial analyst Michael Kupinski maintained a Buy rating on E. W. Scripps Company Class A (SSP – Research Report) today and set a price target of $17.00. The company’s shares closed last Friday at $3.61.
According to TipRanks, Kupinski is a 5-star analyst with an average return of 10.8% and a 39.47% success rate. Kupinski covers the Communication Services sector, focusing on stocks such as E. W. Scripps Company Class A, Cumulus Media, and Gray Television.
In addition to Noble Financial, E. W. Scripps Company Class A also received a Buy from Benchmark Co.’s Daniel Kurnos in a report issued today. However, yesterday, Wells Fargo maintained a Hold rating on E. W. Scripps Company Class A (NASDAQ: SSP).
SSP market cap is currently $305.1M and has a P/E ratio of -0.31.
Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SSP in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
E. W. Scripps Company Class A (SSP) Company Description:
The E.W. Scripps Co. engages in the television and newspaper publishing. It operates through the following business segments: Local Media, National Media, and Others. The Local Media segment is comprised of its local broadcast television stations and their related digital operations. The National Media segment is comprised of the operations of its national media businesses including over-the-air broadcast networks, Katz, its podcast business, Midroll, next generation national news network, Newsy, and other national brands. The company was founded by Edward Willis Scripps in 1878 and is headquartered in Cincinnati, OH.
