Noble Financial Keeps Their Buy Rating on EW Scripps (SSP)

By Ryan Adsit

In a report released yesterday, Michael Kupinski from Noble Financial maintained a Buy rating on EW Scripps (SSPResearch Report), with a price target of $25. The company’s shares closed yesterday at $17.64.

According to TipRanks.com, Kupinski is a 1-star analyst with an average return of -2.6% and a 40.8% success rate. Kupinski covers the Services sector, focusing on stocks such as Information Services Group, Salem Communications Corp, and Tribune Publishing Co.

EW Scripps has an analyst consensus of Moderate Buy, with a price target consensus of $27.50.

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The company has a one-year high of $23.41 and a one-year low of $12.16. Currently, EW Scripps has an average volume of 483.9K.

Based on the recent corporate insider activity of 165 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.

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.