Barrington analyst James Goss reiterated a Buy rating on TEGNA (TGNA) today and set a price target of $20.00. The company’s shares closed last Monday at $16.26.
According to TipRanks.com, Goss is a 4-star analyst with an average return of 7.2% and a 56.2% 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 TEGNA is a Strong Buy with an average price target of $20.25.
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TEGNA’s market cap is currently $3.76B and has a P/E ratio of 10.37. The company has a Price to Book ratio of 2.47.
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TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service.