Barrington Believes Gray Television (GTN) Still Has Room to Grow
In a report released today, James Goss from Barrington maintained a Buy rating on Gray Television (NYSE: GTN), with a price target of $20. The company’s shares opened today at $17.79, close to its 52-week high of $18.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 15.8% and a 74.3% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and iPic Entertainment Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gray Television with a $22 average price target.
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The company has a one-year high of $18 and a one-year low of $10.70. Currently, Gray Television has an average volume of 761.9K.
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Gray Television, Inc. is a television broadcasting company, which engages in owning and operating television stations and digital assets in markets throughout the United States. It also sells internet advertising on its stations’ websites. The company was founded in January 1897 and is headquartered in Atlanta, GA.