Analyst Price Target is $5.55
▲ +9.04% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Gannett in the last 3 months. The average price target is $5.55, with a high forecast of $6.00 and a low forecast of $5.10. The average price target represents a 9.04% upside from the last price of $5.09.
Current Consensus is
Buy
The current consensus among 2 investment analysts is to buy stock in Gannett. This rating has held steady since July 2024, when it changed from a Moderate Buy consensus rating.
Gannett Co., Inc. operates as a media and marketing solutions company in the United States. It operates through three segments: Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The company's print offerings includes home delivery on a subscription basis; single copy; non-daily publications, such as shoppers and niche publications. It also provides digital-only subscription, including local media brands, USA TODAY NETWORK community events platform, magazines, sports, and games; and E-newspapers; and digital advertising and marketing services. In addition, the company offers digital news and media brands; daily and weekly newspapers; digital marketing solutions, such as online presence solutions, online advertising products, conversion software, and cloud-based software solutions; commercial printing and distribution services; and prints commercial materials, including flyers, business cards, and invitations. The company was formerly known as New Media Investment Group Inc. and changed its name to Gannett Co., Inc. in November 2019. Gannett Co., Inc. was incorporated in 2013 and is headquartered in McLean, Virginia.
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