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Deutsche Bank disclosed Sinclair Broadcast (NASDAQ:SBGI), boosting its price target to $46.00 earlier today

Only yesterday Sinclair Broadcast (NASDAQ:SBGI) traded 2.32% higher at $30.20. Sinclair Broadcast’s 50-day average is $29.91 and its two hundred day average is $33.39. With the last stock price down -7.46% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 460,566 shares of SBGI traded hands, down from an average trading volume of 1,817,900

Indicating a possible upside of 0.52%, Deutsche Bank increased the stock price target of Sinclair Broadcast (NASDAQ:SBGI) to $46.00

Previously on 08/01/2017, Benchmark reported about Sinclair Broadcast (NASDAQ:SBGI) raised the target price from $52.00 to $55.00. At the time, this indicated a possible upside of 0.53%.

Recent Performance Chart

Sinclair Broadcast (NASDAQ:SBGI)

Sinclair Broadcast has 52 week low of $24.15 and a 52 week high of $43.05 with a PE ratio of 10.83 and has a market capitalization of $0.

Brief Synopsis On Sinclair Broadcast (NASDAQ:SBGI)

Sinclair Broadcast Group, Inc. is a television broadcasting company. The Company focuses on providing content on its local television stations and digital platforms. The Company's segments are broadcast, other and corporate. The Broadcast segment consists of its broadcast television stations. The content distributed through its broadcast platform consists of programming provided by third-party networks and syndicators, local news, it owns networks, and other original programming produced by it. It also owns digital and Internet media products that are complementary to its portfolio of television station related digital properties. It focuses on offering marketing solutions to advertisers. Its other business consists of original networks and content, digital and Internet solutions, technical services and other non-media investments.

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