Gannett Co Inc has a consensus price target of $4.87 based on the ratings of 3 analysts. The high is $6 issued by JMP Securities on July 1, 2024. The low is $3.6 issued by Citigroup on May 24, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Citigroup, and Compass Point on July 1, 2024, May 24, 2024, and December 12, 2023, respectively. With an average price target of $4.87 between JMP Securities, Citigroup, and Compass Point, there's an implied 2.67% upside for Gannett Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/01/2024 | Buy Now | 26.58% | JMP Securities | Matthew Condon | → $6 | Initiates | → Market Outperform | Get Alert |
05/24/2024 | Buy Now | -24.05% | Citigroup | Jason Bazinet | $1.95 → $3.6 | Upgrade | Sell → Neutral | Get Alert |
12/12/2023 | Buy Now | 5.49% | Compass Point | Giuliano Bologna | → $5 | Initiates | → Buy | Get Alert |
03/28/2023 | Buy Now | -64.14% | Citigroup | Jason Bazinet | $2.6 → $1.7 | Maintains | Sell | Get Alert |
02/28/2023 | Buy Now | -45.15% | Citigroup | Jason Bazinet | $2.1 → $2.6 | Maintains | Sell | Get Alert |
11/17/2022 | Buy Now | -55.7% | Citigroup | Jason Bazinet | $1.7 → $2.1 | Maintains | Sell | Get Alert |
07/07/2022 | Buy Now | -44.09% | Citigroup | Jason Bazinet | $4.25 → $2.65 | Maintains | Sell | Get Alert |
The latest price target for Gannett Co (NYSE:GCI) was reported by JMP Securities on July 1, 2024. The analyst firm set a price target for $6.00 expecting GCI to rise to within 12 months (a possible 26.58% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Gannett Co (NYSE:GCI) was provided by JMP Securities, and Gannett Co initiated their market outperform rating.
The last upgrade for Gannett Co Inc happened on May 24, 2024 when Citigroup raised their price target to $3.6. Citigroup previously had a sell for Gannett Co Inc.
There is no last downgrade for Gannett Co.
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 July 1, 2024 so you should expect the next rating to be made available sometime around July 1, 2025.
While ratings are subjective and will change, the latest Gannett Co (GCI) rating was a initiated with a price target of $0.00 to $6.00. The current price Gannett Co (GCI) is trading at is $4.74, which is within the analyst’s predicted range.
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