Barrington Reiterates Their Buy Rating on Gray Television (GTN)


Barrington analyst James Goss reiterated a Buy rating on Gray Television (GTN) today and set a price target of $20.00. The company’s shares closed last Friday at $11.94.

According to TipRanks.com, Goss is ranked 0 out of 5 stars with an average return of -4.9% and a 41.9% success rate. Goss covers the Services sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and Lions Gate Ent Cl A.

Currently, the analyst consensus on Gray Television is a Strong Buy with an average price target of $27.00.

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Gray Television’s market cap is currently $1.19B and has a P/E ratio of 9.40. The company has a Price to Book ratio of -0.30.

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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 operates through the following segments: Broadcasting, and Production Companies. The Broadcasting segment operates television stations located across local markets in the United States. The Production Companies segment includes the production of television and event content. The company was founded in January 1897 and is headquartered in Atlanta, GA.

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