In a report released today, Michael Kupinski from Noble Financial maintained a Buy rating on Tribune Publishing Co (TPCO), with a price target of $20.75. The company’s shares closed last Thursday at $13.70, close to its 52-week high of $14.00.
According to TipRanks.com, Kupinski is a 2-star analyst with an average return of 0.9% and a 46.3% success rate. Kupinski covers the Services sector, focusing on stocks such as Esports Entertainment Group, Salem Communications, and Townsquare Media.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tribune Publishing Co with a $20.75 average price target.
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The company has a one-year high of $14.00 and a one-year low of $4.91. Currently, Tribune Publishing Co has an average volume of 88.92K.
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Tribune Publishing Co. is a multiplatform media and marketing solutions company, which engages in the publication of daily newspapers and community publications. It operates through the troncM and troncX segments. The troncM segment comprises of the company’s media groups excluding their digital revenues and related expenses, except digital subscription revenues when bundled with a print subscription. The troncX segment includes all digital revenues and related expenses of the company from local tronc websites, third party websites, mobile applications, digital only subscriptions, Tribune Content Agency, and forsalebyowner.com. The company was founded in 1847 and is headquartered in Chicago, IL.
