Zacks Investment Research upgraded Tribune Media Co (NYSE:TRCO) to Hold in a report released today.
- Updated: September 17, 2016
Zacks Investment Research has upgraded Tribune Media Co(NYSE:TRCO) to Hold in a report released on 8/20/2016.
Previously on Wednesday June 1 2016, Morgan Stanley released a statement about Tribune Media Co(NYSE:TRCO) dropped the target price from $39.00 to $36.00. At the time, this indicated a possible downside of -0.08%.
Just yesterday Tribune Media Co (NYSE:TRCO) traded 0.05% higher at $37.87. The company’s 50-day average is $38.12 and its 200-day average is $38.47. The last stock price close is down 3.57% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the same time period. 635,381 shares of the stock were exchanged, up from ann avg. trading volume of 474,381.
Recent Performance Chart:
Tribune Media Co has a 52 week low of $26.10 and a 52 week high of $42.23 and has a market cap of $0.0.
Also covering Tribune Media Co’s price target, a total of 7 analysts have issued a report on Tribune Media Co. The one year target is $46.57 with one analyst rating the company a strong buy, four firms rating the stock a buy, four firms rating the stock a hold, 0 rating the company to underperform, and finally 0 analystsrating the company as sell.
More About Tribune Media Co (NYSE:TRCO)
Tribune Media Company is a diversified media and entertainment business. The Company consists of approximately 40 television stations to which it provides certain services, along with a national general entertainment television network, a radio station, a production studio, its digital and data business, a portfolio of real estate assets and investments in a range of media, Websites and other related assets. It operates through two segments: Television and Entertainment, which provides audiences across the country with news, entertainment and sports programming on Tribune Broadcasting local television stations, and television series and movies on WGN America, including through content produced by Tribune Studios and its production partners, as well as news, entertainment and sports information through its Websites and other digital assets, and Digital and Data, which provides technology and services that collect and distribute video, music, and sports and entertainment data.
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