Gannett Co Inc has a consensus price target of $5.37 based on the ratings of 3 analysts. The high is $6 issued by JMP Securities on July 1, 2024. The low is $5 issued by Compass Point on December 12, 2023. The 3 most-recent analyst ratings were released by Citigroup, Citigroup, and JMP Securities on September 17, 2024, August 28, 2024, and July 1, 2024, respectively. With an average price target of $5.4 between Citigroup, Citigroup, and JMP Securities, there's an implied 6.30% upside for Gannett Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Gannett Co (NYSE:GCI) was reported by Citigroup on September 17, 2024. The analyst firm set a price target for $5.10 expecting GCI to rise to within 12 months (a possible 0.39% upside). 4 analyst firms have reported ratings in the last year.
The latest analyst rating for Gannett Co (NYSE:GCI) was provided by Citigroup, and Gannett Co upgraded their neutral rating.
The last upgrade for Gannett Co Inc happened on September 17, 2024 when Citigroup raised their price target to $5.1. Citigroup previously had a sell for Gannett Co Inc.
The last downgrade for Gannett Co Inc happened on August 28, 2024 when Citigroup changed their price target from N/A to $5.1 for Gannett Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Gannett Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Gannett Co was filed on September 17, 2024 so you should expect the next rating to be made available sometime around September 17, 2025.
While ratings are subjective and will change, the latest Gannett Co (GCI) rating was a upgraded with a price target of $5.10 to $5.10. The current price Gannett Co (GCI) is trading at is $5.08, which is out of the analyst’s predicted range.
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