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.
Current Consensus is
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.
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.