Gray Television with ticker code (GTN) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 33 and 28 calculating the average target price we see 30. Given that the stocks previous close was at 20.24 this now indicates there is a potential upside of 48.2%. There is a 50 day moving average of 22.24 and the 200 day MA is 22.03. The company has a market cap of $1,949m. You can visit the company’s website by visiting: https://www.gray.tv
The potential market cap would be $2,890m 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.
