Noble Financial Maintains a Buy Rating on Salem Communications Corp (SALM)


Noble Financial analyst Michael Kupinski maintained a Buy rating on Salem Communications Corp (SALM) yesterday and set a price target of $3.50. The company’s shares closed yesterday at $2.80.

According to TipRanks.com, Kupinski is ranked 0 out of 5 stars with an average return of -6.9% and a 40.3% success rate. Kupinski covers the Services sector, focusing on stocks such as Tribune Publishing Co, 1-800 Flowers.com, and Cumulus Media Inc.

Salem Communications Corp has an analyst consensus of Moderate Buy, with a price target consensus of $3.50.

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The company has a one-year high of $6.25 and a one-year low of $2.03. Currently, Salem Communications Corp has an average volume of 57.38K.

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Salem Media Group, Inc. engages in the provision of media specializing in Christian and conservative content. It operates through the following segments: Broadcast, Digital Media and Publishing.

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