In a report issued on August 8, Michael Kupinski from Noble Financial maintained a Buy rating on Tribune Publishing Co (TPCO), with a price target of $19. The company’s shares closed on Friday at $7.77, close to its 52-week low of $7.60.
According to TipRanks.com, Kupinski has currently no stars on a ranking scale of 0-5 stars, with an average return of -5.0% and a 37.3% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, 1-800 Flowers.com, and Cumulus Media Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tribune Publishing Co with a $19 average price target.
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Tribune Publishing Co’s market cap is currently $277.3M and has a P/E ratio of 293.21. The company has a Price to Book ratio of 0.86.
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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.