Tegna Inc (NYSE:TGNA) target price raised to $26.00, reported today by Benchmark Co.
- Updated: September 17, 2016
Tegna Inc (NYSE:TGNA) had its estimated target price increased to $26 by Benchmark Co. in a report released 8/19/2016. The updated target price suggests a possible upside of 0.22% based on the bussiness’ last closing price.
Previously on Friday August 19 2016, Benchmark released a statement on Tegna Inc(NYSE:TGNA) raised the target price from $0.00 to $26.00. At the time, this suggested an upside of 0.22%.
Yesterday Tegna Inc (NYSE:TGNA) traded 1.13% higher at $21.36. The company’s 50-day average is $21.26 and its 200-day moving average is $22.80. With the last close down 6.10% relative to the two hundred day average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. 2,544,697 shares of the stock were exchanged, up from ann average volume of 1,743,030.
Tegna Inc has a price-earnings of 12 with a one-year low of $20.10 and a 52 week high of $28.95 and has a total market value of $0.0.
A total of 8 analysts have reported on the company. Zero rate the stock a strong buy, 0 rate the stock a buy, 0 analysts rate the stock a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the company as sell with a consensus target stock price of $27.75
General Information About Tegna Inc (NYSE:TGNA)
TEGNA Inc., formerly Gannett Co., Inc., includes a portfolio of media and digital businesses that provide content. The Company operates through two segments: TEGNA Media (Media Segment) and TEGNA Digital (Digital Segment). Its media business includes approximately 50 television stations operating in over 40 markets and offers television programming and digital content. Its Media segment includes core advertising, including local and national non-political advertising; political advertising during elections; retransmission that represents satellite and cable networks, and telecommunications companies to carry its television signals; digital that includes digital marketing services and advertising on the stations’ Websites, tablet and mobile products, and other services, such as production of programming from third parties and production of advertising material. Its Digital business segment consists of business units, including Cars.com, CareerBuilder, and G/O Digital and Cofactor.
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