B.Riley FBR Reaffirms Their Hold Rating on TEGNA Inc


In a report released today, Barton Crockett from B.Riley FBR maintained a Hold rating on TEGNA Inc (NYSE: TGNA), with a price target of $13. The company’s shares opened today at $10.55, close to its 52-week low of $10.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 4.6% and a 55.2% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Qurate Retail Group Inc, and Sirius XM Holdings Inc.

TEGNA Inc has an analyst consensus of Moderate Buy, with a price target consensus of $14.71.

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The company has a one-year high of $16.32 and a one-year low of $10. Currently, TEGNA Inc has an average volume of 2.22M.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock.

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.

TEGNA, Inc. engages in the provision of innovative media services. It offers television programming and digital content, which also has a robust digital presence across online, mobile, and social platforms. The company was founded by Frank E. Gannett in 1906 and is headquartered in McLean, VA.

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