Noble Financial analyst Michael Kupinski maintained a Buy rating on Tribune Publishing Co (TPCO) yesterday and set a price target of $19. The company’s shares closed last Monday at $7.37, close to its 52-week low of $7.
According to TipRanks.com, Kupinski has currently no stars on a ranking scale of 0-5 stars, with an average return of -5.1% and a 37.1% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, 1-800 Flowers.com, and Cumulus Media Inc.
Tribune Publishing Co has an analyst consensus of Moderate Buy, with a price target consensus of $19.
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Tribune Publishing Co’s market cap is currently $269.5M and has a P/E ratio of 284.53. The company has a Price to Book ratio of 0.84.
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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.