Gray Television found using ticker (GTN) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 25 and 7 and has a mean target at 16.14. With the stocks previous close at 11.52 this is indicating there is a potential upside of 40.1%. The 50 day MA is 13.12 and the 200 day MA is 18.1. The company has a market capitalisation of $1,053m. Visit the company website at: https://www.gray.tv
The potential market cap would be $1,475m based on the market concensus.
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, Justice, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; 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 113 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.
