Noble Financial analyst Michael Kupinski maintained a Buy rating on Townsquare Media (TSQ) yesterday and set a price target of $12. The company’s shares closed yesterday at $5.94.
According to TipRanks.com, Kupinski ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -6.1% and a 35.0% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, Tribune Publishing Co, and 1-800 Flowers.com.
Currently, the analyst consensus on Townsquare Media is a Moderate Buy with an average price target of $11.50, implying a 93.6% upside from current levels. In a report issued on August 6, Barrington also maintained a Buy rating on the stock with a $11 price target.
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The company has a one-year high of $9.79 and a one-year low of $3.95. Currently, Townsquare Media has an average volume of 20.49K.
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Townsquare Media, Inc. is a local media and entertainment and digital marketing services company. It owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States. The firm creates and distributes original entertainment, music and lifestyle content.
