Analyst Rating Update on Gannett Co Inc (GCI)

Gannett Co Inc (GCI) : 3 brokerage houses believe that Gannett Co Inc (GCI) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Gannett Co Inc (GCI). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 4 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.

Gannett Co Inc (GCI) : The highest level Gannett Co Inc (GCI) is projected to reach is $19 for the short term and the lowest estimate is at $14. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $16.5 and the possibility the share price can swing is $3.54.

For the current week, the company shares have a recommendation consensus of Buy.


Gannett Co Inc (NYSE:GCI): The stock opened at $12.02 on Wednesday but the bulls could not build on the opening and the stock topped out at $12.10 for the day. The stock traded down to $11.89 during the day, due to lack of any buying support eventually closed down at $12.01 with a loss of -0.41% for the day. The stock had closed at $12.06 on the previous day. The total traded volume was 1,021,639 shares.

Gannett Co., Inc., formerly Gannett Spinco, Inc., is a media and marketing solutions company. The Company is engaged in providing local content on a range of platforms in the United States. The Company operates through Broadcasting and Digital segments. It also provides digital marketing services and Internet-based human resource solutions. Its digital media products and services include search, social media and Website development, among others. The Company offers its services in a range of geographies, demographics and content areas. The Company provides consumers with the information and entertainment, and connects consumers to their communities through various platforms, such as television stations, desktop, smartphone and tablet products. Its Broadcasting segment includes an independent station group of network affiliates. Its Digital business segment includes, CareerBuilder, PointRoll and Shoplocal.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *