In a report released today, James Goss from Barrington maintained a Buy rating on TEGNA Inc (TGNA), with a price target of $17. The company’s shares opened today at $12.90.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 15.0% and a 71.2% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, iPic Entertainment Inc, and Sirius XM Holdings Inc.
TEGNA Inc has an analyst consensus of Moderate Buy, with a price target consensus of $15.75.
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TEGNA Inc’s market cap is currently $2.7B and has a P/E ratio of 5.52. The company has a Price to Book ratio of 2.42.
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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.
