Barrington Remains a Buy on Townsquare Media

In a report released today, James Goss from Barrington maintained a Buy rating on Townsquare Media (NYSE: TSQ), with a price target of $10. The company’s shares opened today at $7.40.

According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.4% and a 61.0% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and Cinemark Holdings Inc.

Townsquare Media has an analyst consensus of Strong Buy, with a price target consensus of $9.75.

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The company has a one-year high of $11.63 and a one-year low of $6.28. Currently, Townsquare Media has an average volume of 65.27K.

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Townsquare Media, Inc. is a local media and entertainment and digital marketing services company. It owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States. The firm creates and distributes original entertainment, music and lifestyle content.