Barrington analyst James Goss reiterated a Buy rating on TEGNA (NYSE:TGNA) Inc. on Thursday, setting a price target of $15, which is approximately 21.26% above the present share price of $12.37.
Goss expects TEGNA Inc. to post earnings per share (EPS) of $0.40 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in TEGNA, with an average price target of $15.
The analysts price targets range from a high of $15 to a low of $15.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $684.19 million and a net profit of $167.02 million. The company's market cap is $2.67 billion.
According to TipRanks.com, Barrington analyst James Goss is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.5% and a 43.43% 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.