Gray Television – Consensus Indicates Potential 38.8% Upside

Broker Ratings

Gray Television found using ticker (GTN) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 32 and 25 and has a mean target at 29.14. With the stocks previous close at 20.99 this indicates there is a potential upside of 38.8%. The 50 day moving average now sits at 22.71 while the 200 day moving average is 21.84. The market capitalisation for the company is $1,893m. Visit the company website at: http://www.gray.tv

Gray Television, a television broadcast company, owns and/or operates television stations and digital assets in the United States. The company also broadcasts secondary digital channels affiliated to ABC, CBS, and FOX, as well as channels affiliated with various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Justice, Circle, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets. In addition, it is also involved in the video program production, marketing, and digital businesses, including Raycom Sports, Tupelo-Raycom, and RTM Studios; and production of Power Nation programs and content. It owns and operates television stations and digital properties in 94 television markets. The company was formerly known as Gray Communications Systems and changed its name to Gray Television in August 2002. Gray Television was founded in 1897 and is headquartered in Atlanta, Georgia.

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