Gray Television which can be found using ticker (GTN) have now 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 20 and 7 with the average target price sitting at $14.88. Given that the stocks previous close was at $7.97 this would imply there is now a potential upside of 86.7%. Also worth taking note is the 50 day moving average now sits at $9.69 and the 200 day MA is $13.46. The company has a market cap of $708m. Find out more information at: https://www.gray.tv
The potential market cap would be $1,321m based on the market consensus.
Gray Television, a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Circle, Antenna TV, Telemundo, and Cozi; and local news/weather channels in various markets. In addition, the company offers video program production services. It owns and operates television stations and digital assets that serve television markets in the United States. The company was formerly known as Gray Communications Systems and changed its name to Gray Television in August 2002. Gray Television was founded in 1891 and is headquartered in Atlanta, Georgia.
The company has a dividend yield of 4.02% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 1.73, revenue per share of 39.96 and a 5.61% return on assets.
