Gannett Co Inc (NYSE:GCI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.8 by 5 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold.
Gannett Co Inc (NYSE:GCI) shares are expected to touch $20 in the short term. This short term price target has been shared by 2 analysts. However, the standard deviation of short term price estimate has been valued at 4.24. The target price could hit $23 on the higher end and $17 on the lower end.
Gannett Co Inc (NYSE:GCI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.79% or 0.12 points. After the session commenced at $15.17, the stock reached the higher end at $15.17 while it hit a low of $14.92. With the volume soaring to 1,419,827 shares, the last trade was called at $15.03. The company has a 52-week high of $38.48. The company has a market cap of $1,751 million and there are 116,528,096 shares in outstanding. The 52-week low of the share price is $10.75.
Gannett Co., Inc. has lost 0.33% in the last five trading days and dropped 5.79% in the last 4 weeks. Gannett Co., Inc. has dropped 2.03% during the last 3-month period . Year-to-Date the stock performance stands at -5.81%.
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 Cars.com, CareerBuilder, PointRoll and Shoplocal.