New York Times Company (The) with ticker code (NYT) have now 7 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 45 and 31.5 and has a mean target at 38.79. Now with the previous closing price of 37.52 this indicates there is a potential upside of 3.4%. There is a 50 day moving average of 36.33 and the 200 day MA is 32.74. The market cap for the company is $6,028m. You can visit the company’s website by visiting: https://www.nytco.com
The potential market cap would be $6,232m based on the market concensus.
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The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com website. The company also licenses articles, graphics, and photographs to newspapers, magazines and websites; and licenses content to digital aggregators in the business, professional, academic and library markets; third-party digital platforms; and for use in television, films and books. In addition, it engages in the live events business, which hosts events to connect audiences with journalists and outside thought leaders; and digital advertising business that includes direct-sold website, mobile application, podcast, email, and video advertisements. Further, the company offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audm, a read-aloud audio service that are available on mobile applications and websites, as well as Wirecutter, a product review and recommendation product. It also prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.