Barrington Reaffirms Their Buy Rating on Gray Television (GTN)


Barrington analyst James Goss maintained a Buy rating on Gray Television (GTN) today and set a price target of $26. The company’s shares opened today at $19.87.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.3% and a 61.8% success rate. Goss covers the Services sector, focusing on stocks such as Nexstar Media Group Inc, iPic Entertainment Inc, and Sirius XM Holdings Inc.

Gray Television has an analyst consensus of Strong Buy, with a price target consensus of $26.25, which is a 32.1% upside from current levels. In a report issued on May 9, Benchmark Co. also maintained a Buy rating on the stock with a $29 price target.

See today’s analyst top recommended stocks >>

Gray Television’s market cap is currently $2.06B and has a P/E ratio of 11.05. The company has a Price to Book ratio of 1.55.

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.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts