Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on TEGNA (TGNA – Research Report) today and set a price target of $22.00. The company’s shares closed last Friday at $14.20.
According to TipRanks, Kurnos is a 4-star analyst with an average return of 3.1% and a 45.95% success rate. Kurnos covers the Technology sector, focusing on stocks such as Amazon, Roku, and IAC/InteractiveCorp..
TEGNA has an analyst consensus of Moderate Buy, with a price target consensus of $20.50.
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TGNA market cap is currently $2.86B and has a P/E ratio of 4.73.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TGNA in relation to earlier this year.
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TEGNA (TGNA) Company Description:
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.
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