Tribune Media Company (TRCO) : Zacks Investment Research ranks Tribune Media Company (TRCO) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 2.17, which indicates as a Buy.
Tribune Media Company (TRCO) : The most positive equity analysts on Tribune Media Company (TRCO) expects the shares to touch $60, whereas, the least positive believes that the stock will trade at $36 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $45.25 with an expected fluctuation of $10.94 from the mean.
Shares of Tribune Media Company rose by 1.04% in the last five trading days and 1.12% for the last 4 weeks. Tribune Media Company has dropped 1.45% during the last 3-month period . Year-to-Date the stock performance stands at 17.39%. Tribune Media Company (NYSE:TRCO): stock turned positive on Tuesday. Though the stock opened at $38.1, the bulls momentum made the stock top out at $39.01 level for the day. The stock recorded a low of $38.03 and closed the trading day at $38.93, in the green by 2.66%. The total traded volume for the day was 664,567. The stock had closed at $37.92 in the previous days trading.
Tribune Media Company is a diversified media and entertainment business. The Company consists of 42 television stations to which it provides certain services, along with a national general entertainment television network, a radio station, a production studio, a digital and data technology business, a portfolio of real estate assets and investments in a variety of media, Websites and other related assets. The Company operates in the following segments: Television and Entertainment, which provides audiences with news, entertainment and sports programming on Tribune Broadcasting local television stations, and television series and movies on WGN America, including through content produced by Tribune Studios and its production partners, and Digital and Data, which provides technology and services that collect and distribute video, music and entertainment data primarily through wholesale distribution channels to consumers across the world.