Benchmark Co. analyst Daniel Kurnos maintained a Buy rating on TEGNA (NYSE:TGNA) on Friday, setting a price target of $24, which is approximately 36.44% above the present share price of $17.59.
Kurnos expects TEGNA to post earnings per share (EPS) of $0.51 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in TEGNA, with an average price target of $22.33.
The analysts price targets range from a high of $24 to a low of $20.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $727.05 million and a net profit of $194.51 million. The company's market cap is $3.88 billion.
According to TipRanks.com, Benchmark Co. analyst Daniel Kurnos is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.5% and a 55.51% 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.