Wells Fargo Have Price Objective $28 on Gray Television (NYSE:GTN). Researchers Kept firms Outperform rating.

June 27, 2018 - By Sarah Harris

During 2018 Q1 the big money sentiment decreased to 1.17. That’s change of 1.54, from 2017Q4’s 2.71. 37 investors sold all, 47 reduced holdings as Gray Television, Inc. ratio is negative. 60 grew holdings while 38 funds took holdings. Funds hold 76.42 million shares thus 4.11% more from 2017Q4’s 73.41 million shares.

Sg Americas Securities Limited Com owns 0% invested in Gray Television, Inc. (NYSE:GTN) for 20,252 shs. Globeflex Capital Limited Partnership accumulated 9,318 shs. Prudential Financial Inc stated it has 418,300 shs. Qs Invsts Ltd reported 93,888 shs stake. Clearbridge Lc reported 2.00 million shs. Jefferies Group Ltd invested in 0% or 18,454 shs. Rhumbline Advisers reported 76,204 shs. Bridgeway Management Inc invested in 0.06% or 468,300 shs. Vanguard Inc holds 0% of its capital in Gray Television, Inc. (NYSE:GTN) for 3.94M shs. Skylands Cap Ltd Liability invested 0.28% of its capital in Gray Television, Inc. (NYSE:GTN). Deutsche Bankshares Ag has invested 0% in Gray Television, Inc. (NYSE:GTN). Stifel Fincl holds 0.02% or 392,906 shs. Cubist Systematic Strategies Lc reported 0.01% of its capital in Gray Television, Inc. (NYSE:GTN). Jpmorgan Chase has invested 0% in Gray Television, Inc. (NYSE:GTN). Aqr Capital Mngmt Limited Liability reported 0% in Gray Television, Inc. (NYSE:GTN).

Gray Television, Inc. had 0 insider sales and 1 insider buy since March 15, 2018. This’s net activity of $95,282.

Reiterated Gray Television (NYSE:GTN) Rating.

After Wells Fargo’s $28 PT was revealed to clients and investors on 26 June, Gray Television (NYSE:GTN) gives 70.73 % upside potential.

Gray Television, Inc. (NYSE:GTN) Ratings Coverage

In total 4 analysts cover Gray Television (NYSE:GTN). “Buy” rating has 4, “Sell” are 0, while 0 are “Hold”. 100% are bullish. 5 are the (NYSE:GTN)’s analyst reports since January 22, 2018 according to StockzIntelligence Inc. On Monday, January 22 the firm earned “Buy” rating by Guggenheim. On Wednesday, February 28 the company was maintained by Guggenheim. On Tuesday, June 26 Wells Fargo maintained Gray Television, Inc. (NYSE:GTN) with “Outperform” rating.

GTN is touching $16.4 during the last trading session, after decreased 0.61%.Gray Television, Inc. has volume of 60,245 shares. Since June 27, 2017 GTN has declined 7.32% and is downtrending. The stock underperformed the S&P500 by 19.89%.

On August, 14 WallStreet expected Gray Television, Inc. (NYSE:GTN)’s earnings release, according to Zacks. Analysts forecast $0.41 earnings per share, which is $0.13 up or 46.43 % from 2017’s $0.28 earnings per share. GTN’s profit could reach $35.63 million with 10.00 P/E in case $0.41 earnings per share is revealed. Wall Street now predicts 86.36 % EPS growth despite Gray Television, Inc. last quarter’s EPS of $0.22.

Gray Television, Inc., a television broadcast company, owns and operates television stations and digital assets in the United States.The firm is worth $1.43 billion. As of February 23, 2018, the firm owned and operated television stations in 57 television markets broadcasting approximately 200 program streams, including approximately 100 channels affiliated with the CBS Network, the NBC Network, the ABC Network, and the FOX Network.4.71 is the P/E ratio. It also broadcasts secondary digital channels affiliated to ABC, CBS, and FOX, as well as channels affiliated with various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, This TV Network, Antenna TV, Telemundo, Cozi, Heroes and Icons, and MOVIES! Network; and local news/weather channels in various markets.

More recent Gray Television, Inc. (NYSE:GTN) news were released by Streetinsider.com, Seekingalpha.com and Benzinga.com. The first one has “Pre-Open Movers 06/25: (XRM) (VLRX) (GTN) Higher; (SPHS) (MACK) (ATI) Lower (more…)” as a title and was released on June 25, 2018. The next is “Gray Television Is A Buy” on June 18, 2018. And last was released on June 26, 2018, called “40 Stocks Moving In Tuesday’s Mid-Day Session”.

Gray Television, Inc. (NYSE:GTN) Institutional Investors Chart

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