Barrington analyst James Goss maintained a Buy rating on Gray Television (NYSE: GTN) today and set a price target of $23. The company’s shares opened today at $17.60, close to its 52-week high of $18.46.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 14.6% and a 71.8% 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.
Gray Television has an analyst consensus of Strong Buy, with a price target consensus of $22.
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Based on Gray Television’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $40.71 million. In comparison, last year the company had a net profit of $15.32 million.
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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.
