In a report released today, James Goss from Barrington reiterated a Hold rating on TEGNA (TGNA – Research Report). The company’s shares opened today at $15.08.
Goss covers the Communication Services sector, focusing on stocks such as CuriosityStream, Paramount Global Class B, and Cinemark Holdings. According to TipRanks, Goss has an average return of -7.1% and a 36.84% success rate on recommended stocks.
TEGNA has an analyst consensus of Hold, with a price target consensus of $17.33.
The company has a one-year high of $16.98 and a one-year low of $13.18. Currently, TEGNA has an average volume of 2.19M.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TGNA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TEGNA (TGNA) Company Description:
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.
