Analysts Offer Insights on Services Companies: TEGNA Inc (TGNA) and Transenterix Inc (TRXC)


Companies in the Services sector have received a lot of coverage today as analysts weigh in on TEGNA Inc (NYSE:TGNA) and Transenterix Inc (NYSE:TRXC).

TEGNA Inc (TGNA)

RBC Capital analyst Leo Kulp reiterated a Hold rating on TEGNA Inc yesterday and set a price target of $12. The company’s shares closed yesterday at $10.97.

According to TipRanks.com, Kulp is a 3-star analyst with an average return of 3.2% and a 55.6% success rate. Kulp covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, Sinclair Broadcast, and Gray Television.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TEGNA Inc with a $15.17 average price target.

See today’s analyst top recommended stocks >>

Transenterix Inc (TRXC)

RBC Capital analyst Glenn Novarro reiterated a Buy rating on Transenterix Inc yesterday and set a price target of $6. The company’s shares closed yesterday at $4.76.

According to TipRanks.com, Novarro is a 5-star analyst with an average return of 14.4% and a 78.8% success rate. Novarro covers the Healthcare sector, focusing on stocks such as Boston Scientific Corp, Baxter International, and Edwards Lifesciences.

Currently, the analyst consensus on Transenterix Inc is a Moderate Buy with an average price target of $4.75.

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