Gray Television found using ticker (GTN) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 32 and 25 calculating the average target price we see 29.17. Given that the stocks previous close was at 18.61 this would imply there is a potential upside of 56.7%. There is a 50 day moving average of 18.17 and the 200 day MA is 20.63. The company has a market cap of $1,708m. Visit the company website at: https://www.gray.tv
The potential market cap would be $2,677m 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.