In a report released today, James Goss from Barrington reiterated a Hold rating on TEGNA (TGNA – Research Report). The company’s shares opened today at $17.06.
According to TipRanks, Goss is an analyst with an average return of -5.9% and a 36.71% success rate. Goss covers the Communication Services sector, focusing on stocks such as TEGNA, Gray Television, and Fluent.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TEGNA with a $22.00 average price target.
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TGNA market cap is currently $3.78B and has a P/E ratio of 6.29.
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TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.
