Analyst Price Target is $20.67
▲ +26.71% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for TEGNA in the last 3 months. The average price target is $20.67, with a high forecast of $22.00 and a low forecast of $18.00. The average price target represents a 26.71% upside from the last price of $16.31.
Current Consensus is
The current consensus among 4 polled investment analysts is to buy stock in TEGNA. This rating has held steady since January 2023, when it changed from a Hold consensus rating.
TEGNA Inc., a media company, provides broadcast advertising and marketing products and services for businesses. The company operates 47 television stations in 39 markets of the United States that produce local programming, such as news, sports, and entertainment. It offers local and national non-political advertising; political advertising; production of programming from third parties; production of advertising materials; and digital marketing services, as well as advertising services on the stations' Websites, tablets, and mobile products. The company also sells commercial advertising spots of its television stations. In addition, it operates Premion, an over the top local advertising network; Hatch, a centralized 360-degree marketing services agency; and radio broadcast stations. The company was formerly known as Gannett Co., Inc. and changed its name to TEGNA Inc. in June 2015. TEGNA Inc. was founded in 1906 and is headquartered in McLean, Virginia.