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A report released today by Guggenheim about Gray Television (NYSE:GTN) raises the target price to $20.00

Yesterday Gray Television (NYSE:GTN) traded 0.83% higher at $15.05. The company’s 50-day moving average is $14.80 and its 200-day moving average is $14.05. The last closing price is up 8.02% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 318,791 shares of the stock were exchanged, down from an average trading volume of 849,355

Gray Television (NYSE:GTN) had its target price raised to $20.00 by Guggenheim in a report released 10/18/2017. The new target price indicates a possible upside of 0.33% based on the company's last closing price.

Previously on 8/09/2017, RBC Capital Markets reported on Gray Television (NYSE:GTN) raised the target price from $16.00 to $17.00. At the time, this indicated a possible upside of 0.18%.

See Chart Below

Gray Television (NYSE:GTN)

Gray Television has a 52 week low of $7.00 and a 52 week high of $16.70 with a P/E ratio of 9.44 The company’s market cap is currently $0.

General Information About Gray Television (NYSE:GTN)

Gray Television, Inc. is a television broadcast company. The Company owns and operates television stations and digital assets in various markets across the United States. As of February 21, 2017, the Company owned and/or operated television stations in 54 television markets broadcasting over 200 separate programming streams, including 37 affiliates of the CBS Network (CBS), 29 affiliates of the NBC Network (NBC), 20 affiliates of the ABC Network (ABC) and 15 affiliates of the FOX Network (FOX). In addition to a primary broadcast channel, each of its stations can also broadcast additional secondary digital channels within a market by utilizing the same bandwidth, but with different programming from the primary channel. The Company also broadcasts local news/weather channels in certain of its existing markets. Along with affiliations with ABC, CBS and FOX, the Company's secondary channels are affiliated with various smaller networks and program services.

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