Media General (MEG) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Media General, Inc. has dropped 0.5% in the last five trading days, however, the shares have posted positive gains of 0.06% in the last 4 weeks. Media General, Inc. is up 2.18% in the last 3-month period. Year-to-Date the stock performance stands at 10.46%. Media General (NYSE:MEG): stock turned positive on Tuesday. Though the stock opened at $17.81, the bulls momentum made the stock top out at $17.969 level for the day. The stock recorded a low of $17.77 and closed the trading day at $17.84, in the green by 0.28%. The total traded volume for the day was 704,218. The stock had closed at $17.79 in the previous days trading.
Media General, Inc., formerly Mercury New Holdco, Inc., is a connected-screen multimedia company. The Company provides news, information and entertainment. The Companys segment include Broadcast segment, which has around 71 television stations that are either owned, operated or serviced by the Company in around 48 United States markets, all of which are engaged principally in the sale of television advertising, and Digital segment, which includes digital companies: LIN Digital, LIN Mobile, HYFN, Inc. (HYFN), Dedicated Media, Inc. (Dedicated Media), BiteSize TV and Federated Media, as well as the business operations related to the television station companion Websites. LIN Digital provides display and video advertising. LIN Mobile provides mobile advertising. Federated Media provides display and video advertising. Dedicated Media provides marketing, data focusing and analytics for digital marketing campaigns. HYFN is a digital agency. BiteSize TV is a video content creator.