Gray Television with ticker code (GTN) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The target price ranges between 27 and 18 calculating the mean target price we have 20.86. Now with the previous closing price of 14.2 this is indicating there is a potential upside of 46.9%. The 50 day moving average now sits at 14.16 while the 200 day moving average is 14.67. The company has a market capitalisation of $1,462m. Visit the company website at: http://www.gray.tv
Gray Television, a television broadcast company, owns and operates television stations and digital assets in the United States. As of February 28, 2019, it owned and operated television stations in 91 television markets broadcasting approximately 400 program streams, including approximately 150 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network. 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, 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 PowerNation programs and content. 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.