TEGNA Inc (TGNA) shares have surpassed the average analyst target price of $22.33, trading at $22.44 per share. The move indicates a potential reassessment by analysts regarding TEGNA’s valuation and future outlook.
Within the Zacks coverage universe, analyst targets for TEGNA vary, with estimates ranging from $21.00 to as high as $24.00. The standard deviation among targets is $1.527, indicating differing opinions on the company’s future performance.
Currently, analyst ratings include one strong buy, three hold, and no sell or strong sell recommendations, resulting in an average rating of 2.5 on a 1 to 5 scale where 1 indicates strong buy and 5 indicates strong sell.
