In a report released today, James Goss from Barrington maintained a Buy rating on TEGNA Inc (NYSE: TGNA), with a price target of $18. The company’s shares opened today at $10.92, close to its 52-week low of $10.
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.
Currently, the analyst consensus on TEGNA Inc is Moderate Buy and the average price target is $15.14, representing a 38.6% upside.
In a report issued on April 25, Stephens also upgraded the stock to Buy with a $14 price target.
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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 2.23M.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is negative on the stock.
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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.
