FBR Capital Reiterates a Hold Rating on HSN Inc

By Jason Carr

In a report released today, Barton Crockett from FBR Capital reiterated a Hold rating on HSN Inc (NASDAQ: HSNI), with a price target of $34. The company’s shares closed yesterday at $31.25, close to its 52-week low of $31.10.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 3.4% and a 54.2% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Cinemark Holdings Inc, and Regal Entertainment.

HSN Inc has an analyst consensus of Hold, with a price target consensus of $36.67.

The company has a one year high of $55.87 and a one year low of $31.10. Currently, HSN Inc has an average volume of 370.3K.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2016, Thomas Mcinerney, a Director at HSNI sold 4,000 shares for a total of $174,040.

HSN, Inc. engages in the provision of offering retail experiences through platforms, including television, online, mobile, in catalogs and in retail and outlet stores. It operates through HSN and Cornerstone segment. The HSN segment includes assortment of products through television home shopping programming. The Cornerstone segment involves in the direct marketing and retail space, including catalog distribution and related websites. The company was founded in May 2008 and is headquartered in St. Petersburg, FL.