Gray Television, Inc. 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 mean target price we have 30. Given that the stocks previous close was at 17.76 this indicates there is a potential upside of 68.9%. The 50 day moving average now sits at 19.8 and the 200 day MA is 21.53. The market capitalisation for the company is $1,759m. You can visit the company’s website by visiting: https://www.gray.tv
The potential market cap would be $2,971m 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.
