iHeartMedia (IHRT) Gets a Buy Rating from Barrington


In a report released today, James Goss from Barrington maintained a Buy rating on iHeartMedia (IHRT), with a price target of $18.00. The company’s shares closed last Monday at $15.73.

According to TipRanks.com, Goss is a 4-star analyst with an average return of 6.8% and a 53.9% success rate. Goss covers the Services sector, focusing on stocks such as Clear Channel Outdoor, Nexstar Media Group, and Lions Gate Ent Cl A.

iHeartMedia has an analyst consensus of Moderate Buy, with a price target consensus of $18.43, a 16.4% upside from current levels. In a report issued on October 31, Merrill Lynch also maintained a Buy rating on the stock with a $22.00 price target.

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The company has a one-year high of $19.00 and a one-year low of $0.38. Currently, iHeartMedia has an average volume of 363.6K.

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iHeartMedia, Inc. is an audio company, which engages in the provision of media and entertainment services. It specializes in radio, digital, outdoor, mobile, social, live events, on-demand entertainment, and information services.

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