Barrington analyst James Goss maintained a Buy rating on Townsquare Media (NYSE: TSQ) today and set a price target of $10. The company’s shares opened today at $7.20.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.1% and a 65.7% 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.
Currently, the analyst consensus on Townsquare Media is a Strong Buy with an average price target of $9.50.
See today’s analyst top recommended stocks >>
Based on Townsquare Media’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $26.83 million. In comparison, last year the company had a net profit of $5.17 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Townsquare Media, Inc. is a local media and entertainment and digital marketing services company. It owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States. The firm creates and distributes original entertainment, music and lifestyle content.
