Gannett Co. – Consensus Indicates Potential -3.2% Downside
Gannett Co. with ticker code (GCI) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Underperform''. The target price ranges between 2.5 and 1.7 with a mean TP of 2.1. Given that the stocks previous close was at 2.17 this would indicate that there is a downside of -3.2%. The day 50 moving average is 2.49 while the 200 day moving average is 3.97. The company has a market capitalisation of $308m. Company Website: https:||www.gannett.com [stock_market_widget type="chart" template="basic" color="green" assets="GCI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $298m based on the market concensus. Gannett Co. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company''s principal products include 230 daily print media with total paid circulation of approximately 1.9 million and Sunday circulation of 2.2 million; 249 weekly print media with total circulation of approximately 1.4 million; and 292 locally-focused websites.
Gannett Co. – Consensus Indicates Potential -3.2% Downside
Gannett Co. with ticker code (GCI) have now 2 analysts covering the stock with the consensus suggesting a rating of ''Underperform''. The target price ranges between 2.5 and 1.7 with a mean TP of 2.1. Given that the stocks previous close was at 2.17 this would indicate that there is a downside of -3.2%. The day 50 moving average is 2.49 while the 200 day moving average is 3.97. The company has a market capitalisation of $308m. Company Website: https:||www.gannett.com [stock_market_widget type="chart" template="basic" color="green" assets="GCI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $298m based on the market concensus. Gannett Co. operates as a media and marketing solutions company in the United States. It operates through two segments, Publishing and Digital Marketing Solutions. The company''s principal products include 230 daily print media with total paid circulation of approximately 1.9 million and Sunday circulation of 2.2 million; 249 weekly print media with total circulation of approximately 1.4 million; and 292 locally-focused websites.