Benchmark Reconfirmed Meredith (MDP) As Hold; Has Target Of $65.00; Last Week Trevali Mining (TSE:TV) Coverage

Among 5 analysts covering Meredith Corporation (NYSE:MDP), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Meredith Corporation has $62 highest and $40 lowest target. $49’s average target is -22.47% below currents $63.2 stock price. Meredith Corporation had 10 analyst reports since July 21, 2015 according to SRatingsIntel. Benchmark maintained Meredith Corporation (NYSE:MDP) on Friday, July 29 with “Buy” rating. The stock of Meredith Corporation (NYSE:MDP) has “Hold” rating given on Monday, September 21 by Zacks. Benchmark downgraded the stock to “Hold” rating in Thursday, January 26 report. The stock of Meredith Corporation (NYSE:MDP) has “Hold” rating given on Wednesday, December 16 by Gabelli. The stock of Meredith Corporation (NYSE:MDP) earned “Hold” rating by Jefferies on Tuesday, July 21. The rating was initiated by Stephens with “Equal-Weight” on Wednesday, November 18.

Among 4 analysts covering Trevali Mining (TSE:TV), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Trevali Mining had 11 analyst reports since September 3, 2015 according to SRatingsIntel. The stock of Trevali Mining Corp (TSE:TV) has “Outperform” rating given on Friday, September 9 by Scotia Capital. The stock has “Outperform” rating by Scotia Capital on Wednesday, January 18. On Friday, October 14 the stock rating was maintained by Scotia Capital with “Outperform”. See Trevali Mining Corp (TSE:TV) latest ratings:

18/01/2017 Broker: Scotia Capital Rating: Outperform New Target: $1.50 Maintain
14/10/2016 Broker: Scotia Capital Rating: Outperform New Target: $1.30 Maintain

Since November 14, 2016, it had 0 buys, and 3 sales for $1.42 million activity. On Tuesday, December 6 CAPPAERT STEVEN M sold $6,950 worth of Meredith Corporation (NYSE:MDP) or 124 shares. Shares for $51,896 were sold by HENRY FREDERICK B on Monday, November 14. 25,410 shares were sold by KARPOWICZ PAUL, worth $1.36M.

Meredith Corporation is a diversified media company. The company has market cap of $2.86 billion. The Firm is focused primarily on the home and family marketplace. It has a 30.33 P/E ratio. The Firm operates through two divisions: Local Media and National Media.

Analysts await Meredith Corporation (NYSE:MDP) to report earnings on April, 27. They expect $0.79 EPS, down 14.13% or $0.13 from last year’s $0.92 per share. MDP’s profit will be $35.75M for 20.00 P/E if the $0.79 EPS becomes a reality. After $1.30 actual EPS reported by Meredith Corporation for the previous quarter, Wall Street now forecasts -39.23% negative EPS growth.

About 583,816 shares traded or 4.84% up from the average. Meredith Corporation (NYSE:MDP) has risen 15.95% since August 16, 2016 and is uptrending. It has outperformed by 8.13% the S&P500.

Investors sentiment increased to 1.23 in Q4 2016. Its up 0.22, from 1.01 in 2016Q3. It is positive, as 22 investors sold Meredith Corporation shares while 64 reduced holdings. 31 funds opened positions while 75 raised stakes. 39.10 million shares or 6.16% more from 36.82 million shares in 2016Q3 were reported. Public Employees Retirement Association Of Colorado owns 7,655 shares. 58,828 are held by Alliancebernstein Limited Partnership. Mason Street Advsr Limited Liability Corp holds 0.03% of its portfolio in Meredith Corporation (NYSE:MDP) for 17,048 shares. Us Bancshares De has invested 0% in Meredith Corporation (NYSE:MDP). Crestpoint Cap Llc accumulated 23,600 shares or 0.7% of the stock. Dean Mngmt invested in 22,609 shares. Rhumbline Advisers accumulated 93,603 shares or 0.01% of the stock. Orrstown Finance Services Inc holds 0% or 75 shares. Profund Advisors Ltd Liability Com stated it has 7,825 shares. Ridgeworth Cap Management Lc reported 25,422 shares. Royal Bancshares Of Canada, a Ontario – Canada-based fund reported 10,182 shares. Prudential Fincl, a New Jersey-based fund reported 67,868 shares. Gamco Invsts Et Al has invested 0.12% in Meredith Corporation (NYSE:MDP). Botty Invsts Limited Liability Company invested 0.22% of its portfolio in Meredith Corporation (NYSE:MDP). Systematic Fin Mgmt Lp invested 0.03% of its portfolio in Meredith Corporation (NYSE:MDP).

Trevali Mining Corporation is a Canada natural resource company. The company has market cap of $511.41 million. The Firm is engaged in the acquisition, exploration, development and production from mineral properties. It has a 40.37 P/E ratio. The Firm holds approximately four properties in Canada and has an interest in a property in Peru with an option on a second Peruvian property.