Gray Television, Inc. – Consensus Indicates Potential 20.6% Upside

Broker Ratings
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Gray Television, Inc. found using ticker (GTN) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 25 and 7 calculating the average target price we see 15.25. Now with the previous closing price of 12.64 this would imply there is a potential upside of 20.6%. The 50 day moving average now sits at 11.67 and the 200 day moving average is 15.84. The market cap for the company is $1,130m. You can visit the company’s website by visiting: https://www.gray.tv

The potential market cap would be $1,364m based on the market concensus.

Gray Television, Inc., 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, Inc. and changed its name to Gray Television, Inc. in August 2002. Gray Television, Inc. was founded in 1891 and is headquartered in Atlanta, Georgia.

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