J.P. Morgan analyst Alexia Quadrani maintained a Hold rating on TEGNA (NYSE:TGNA) on Thursday, setting a price target of $22, which is approximately 4.76% above the present share price of $21.
Quadrani expects TEGNA to post earnings per share (EPS) of $0.58 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in TEGNA, with an average price target of $22.
The analysts price targets range from a high of $22 to a low of $22.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $756.49 million and a net profit of $211.85 million. The company's market cap is $4.65 billion.
According to TipRanks.com, J.P. Morgan analyst Alexia Quadrani is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.7% and a 60.00% 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.