NYSE:MDP - Meredith Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $56.00
  • Forecasted Upside: 32.39 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$42.30
▼ -0.09 (-0.21%)

This chart shows the closing price for MDP by one month, three months, or twelve months.

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Analyst Price Target for MDP

Analyst Price Target is $56.00
▲ +32.39% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Meredith in the last 3 months. The average price target is $56.00, with a high forecast of $58.00 and a low forecast of $54.00. The average price target represents a 32.39% upside from the last price of $42.30.

This chart shows the closing price for MDP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in Meredith. This rating has held steady since August 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/29/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
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12/24/2020
  • 0 strong buy ratings
  • 2 buy ratings
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3/24/2021
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6/22/2021
  • 0 strong buy ratings
  • 2 buy ratings
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8/21/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/17/2021CitigroupBoost Price TargetBuy$51.00 ➝ $54.00Medium
8/13/2021BenchmarkBoost Price TargetBuy$43.00 ➝ $58.00High
6/29/2021CitigroupBoost Price TargetBuy$41.00 ➝ $51.00Low
3/1/2021BenchmarkUpgradeHold ➝ Buy$38.00Low
2/9/2021CitigroupBoost Price Target$21.00 ➝ $28.00Low
8/14/2020BenchmarkDowngradeBuy ➝ HoldHigh
6/29/2020CitigroupLower Price TargetBuy$20.00 ➝ $18.00High
6/4/2020CitigroupBoost Price TargetBuy$16.00 ➝ $20.00High
4/9/2020CitigroupLower Price TargetBuy$44.00 ➝ $16.00High
11/19/2019StephensLower Price TargetEqual Weight$65.00 ➝ $40.00High
10/7/2019CitigroupLower Price TargetBuy$66.00 ➝ $44.00Medium
9/12/2019BenchmarkLower Price TargetBuy$68.00 ➝ $48.00Low
9/6/2019Wolfe ResearchSet Price TargetHold$30.00Medium
9/5/2019GuggenheimSet Price TargetHold$35.00Medium
6/10/2019BenchmarkReiterated RatingBuy$68.00Low
5/28/2019GuggenheimInitiated CoverageNeutral ➝ NeutralHigh
5/17/2019BenchmarkReiterated RatingBuy$68.00Low
2/14/2019GabelliInitiated CoverageBuy$54.97Low
2/12/2019BenchmarkReiterated RatingBuy$70.00High
12/17/2018BenchmarkReiterated RatingBuy$70.00High
12/7/2018Wolfe ResearchInitiated CoverageMarket PerformHigh
11/29/2018CitigroupBoost Price TargetBuy ➝ Buy$61.00 ➝ $67.00Medium
9/11/2018CitigroupBoost Price TargetBuy ➝ Buy$56.00 ➝ $61.00Medium
8/13/2018Jefferies Financial GroupReiterated RatingBuy$57.00Medium
6/12/2018BenchmarkReiterated RatingBuy$70.00Low
5/30/2018CitigroupUpgradeNeutral ➝ BuyHigh
5/15/2018BenchmarkLower Price TargetBuy$77.00 ➝ $70.00Low
1/31/2018GabelliUpgradeHold ➝ BuyMedium
1/30/2018BenchmarkReiterated RatingBuyLow
12/1/2017CitigroupDowngradeBuy ➝ NeutralLow
11/28/2017Jefferies Financial GroupUpgradeHold ➝ Buy$56.00 ➝ $80.00Medium
11/27/2017BenchmarkReiterated RatingBuy$67.00 ➝ $77.00Low
11/27/2017Wells Fargo & CompanyUpgradeMarket Perform ➝ Outperform$54.00 ➝ $76.00Low
11/13/2017JMP SecuritiesInitiated CoverageMarket PerformN/A
10/29/2017Jefferies Financial GroupReiterated RatingHoldN/A
10/27/2017Wells Fargo & CompanyLower Price TargetMarket Perform$62.00 ➝ $54.00N/A
10/16/2017Jefferies Financial GroupReiterated RatingHold$60.00N/A
8/9/2017Jefferies Financial GroupReiterated RatingHold$60.00Low
7/7/2017Jefferies Financial GroupReiterated RatingHold$60.00Medium
6/5/2017BenchmarkUpgradeHold ➝ Buy$65.00High
5/2/2017CitigroupUpgradeNeutral ➝ Buy$58.00 ➝ $65.00Low
4/24/2017Jefferies Financial GroupReiterated RatingHold$57.00Low
3/23/2017BenchmarkBoost Price TargetHold$64.00 ➝ $65.00Low
3/22/2017Jefferies Financial GroupBoost Price TargetHold$55.00 ➝ $57.00Low
1/26/2017BenchmarkDowngradeBuy ➝ Hold$64.00N/A
1/25/2017Wells Fargo & CompanyReiterated RatingHoldN/A
(Data available from 9/20/2016 forward)

News Sentiment Rating

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
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2/22/2021
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3/24/2021
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4/23/2021
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5/23/2021
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6/22/2021
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7/22/2021
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  • 2 positive mentions
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8/21/2021
  • 0 very positive mentions
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9/20/2021

Current Sentiment

  • 0 very positive mentions
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Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

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Positive

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Very Positive

  • No very positive mentions tracked during this time.
Meredith logo
Meredith Corp. engages in television broadcasting and magazine advertising business. It operates through the Local Media and National Media business segments. The Local Media segment includes television stations and offers websites, mobile-optimized websites, and mobile applications. The National Media segment consists of national consumer media brands delivered via multiple media platforms including print magazines and digital and mobile media, brand licensing activities, database-related activities, and business-to-business marketing products and services. The company was founded by Edwin Thomas Meredith in 1902 and is headquartered in Des Moines, IA.
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Today's Range

Now: $42.30
Low: $41.74
High: $42.96

50 Day Range

MA: $42.59
Low: $40.38
High: $46.36

52 Week Range

Now: $42.30
Low: $10.75
High: $47.00

Volume

833,800 shs

Average Volume

407,495 shs

Market Capitalization

$1.93 billion

P/E Ratio

6.75

Dividend Yield

N/A

Beta

2.37

Frequently Asked Questions

What sell-side analysts currently cover shares of Meredith?

The following sell-side analysts have issued research reports on Meredith in the last year: Benchmark Co., Citigroup Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for MDP.

What is the current price target for Meredith?

2 Wall Street analysts have set twelve-month price targets for Meredith in the last year. Their average twelve-month price target is $56.00, suggesting a possible upside of 32.4%. Benchmark Co. has the highest price target set, predicting MDP will reach $58.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $54.00 for Meredith in the next year.
View the latest price targets for MDP.

What is the current consensus analyst rating for Meredith?

Meredith currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MDP will outperform the market and that investors should add to their positions of Meredith.
View the latest ratings for MDP.

What other companies compete with Meredith?

Other companies that are similar to Meredith include Thomson Reuters, Morningstar, The New York Times, Shutterstock, MarketWise, Scholastic, Daily Journal, Value Line and McClatchy.

How do I contact Meredith's investor relations team?

Meredith's physical mailing address is 1716 LOCUST ST, DES MOINES IA, 50309. The company's listed phone number is (515) 284-3000 and its investor relations email address is [email protected] The official website for Meredith is www.meredith.com.