Gray Television with ticker code (GTN) now have 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 32 and 25 calculating the mean target price we have 29.17. Now with the previous closing price of 18.89 this would indicate that there is a potential upside of 54.4%. There is a 50 day moving average of 18.59 and the 200 day MA is 20.27. The market cap for the company is $1,712m. Find out more information at: https://www.gray.tv
The potential market cap would be $2,643m based on the market concensus.
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Gray Television, 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 and changed its name to Gray Television in August 2002. Gray Television was founded in 1891 and is headquartered in Atlanta, Georgia.