Barrington analyst James Goss reiterated a Buy rating on Gray Television (GTN) today and set a price target of $23.00. The company’s shares closed last Thursday at $19.32, close to its 52-week high of $20.75.
According to TipRanks.com, Goss is a 4-star analyst with an average return of 5.2% and a 48.5% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class A, Clear Channel Outdoor, and Nexstar Media Group.
Gray Television has an analyst consensus of Strong Buy, with a price target consensus of $26.67.
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The company has a one-year high of $20.75 and a one-year low of $8.53. Currently, Gray Television has an average volume of 688K.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GTN in relation to earlier this year.
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.
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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