Gannett Co (GCI) Receives a Buy from Noble Financial
In a report released yesterday, Michael Kupinski from Noble Financial maintained a Buy rating on Gannett Co (GCI), with a price target of $15. The company’s shares closed yesterday at $10.74.
According to TipRanks.com, Kupinski is a 1-star analyst with an average return of -1.0% and a 46.0% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, Tribune Publishing Co, and 1-800 Flowers.com.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gannett Co with a $15 average price target.
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Based on Gannett Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $14.24 million. In comparison, last year the company had a GAAP net loss of $13.59 million.
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Gannett Co., Inc. is a digitally focused media and marketing solutions company, which engages in the provision of media and marketing solutions. It operates through the Publishing and ReachLocal business segments.