Barrington analyst James Goss reiterated a Buy rating on TEGNA (NYSE:TGNA) on Friday, setting a price target of $20, which is approximately 27.88% above the present share price of $15.64.
Goss expects TEGNA to post earnings per share (EPS) of $0.60 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in TEGNA, with an average price target of $18.67.
The analysts price targets range from a high of $20 to a low of $17.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $738.39 million and a net profit of $224.8 million. The company's market cap is $3.43 billion.
According to TipRanks.com, Barrington analyst James Goss is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.7% and a 47.32% success rate.
TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.