In a report released yesterday, Michael Kupinski from Noble Financial maintained a Buy rating on Tribune Publishing Co (TPCO – Research Report), with a price target of $19. The company’s shares closed yesterday at $11.70, close to its 52-week low of $10.26.
According to TipRanks.com, Kupinski is a 1-star analyst with an average return of -1.6% and a 43.7% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, 1-800 Flowers.com, and Cumulus Media Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tribune Publishing Co with a $19 average price target.
The company has a one-year high of $20.35 and a one-year low of $10.26. Currently, Tribune Publishing Co has an average volume of 128.4K.
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Tribune Publishing Co. is a multiplatform media and marketing solutions company, which engages in the publication of daily newspapers and community publications. It operates through the troncM and troncX segments.