Analysts’ Recent Ratings Updates for Townsquare Media (TSQ)
Several investment firms have updated their stock ratings and price targets on shares of Townsquare Media (NYSE: TSQ) in the last week:
- Townsquare Media is now covered by analysts at RBC Capital. They set an “outperform” rating and a $14.00 price target on the stock.
- Townsquare Media is now covered by analysts at Jefferies Group. They set a “buy” rating and a $17.00 price target on the stock.
- Townsquare Media is now covered by analysts at Guggenheim. They set a “buy” rating and a $14.00 price target on the stock.
- Townsquare Media is now covered by analysts at Bank of America. They set a “buy” rating and a $15.00 price target on the stock.
Shares of Townsquare Media LLC (NYSE:TSQ) traded up 0.36% during mid-day trading on Tuesday, hitting $11.30. 19,534 shares of the company’s stock traded hands. Townsquare Media LLC has a one year low of $9.93 and a one year high of $11.30. The stock has a 50-day moving average of $10.86 and a 200-day moving average of $10.86. The company has a market cap of $188.5 million and a price-to-earnings ratio of 43.81.
Townsquare Media (NYSE:TSQ) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.43 earnings per share for the quarter. Analysts expect that Townsquare Media LLC will post $-1.03 EPS for the current fiscal year.
In other Townsquare Media news, Director B James Ford acquired 102,000 shares of the company’s stock on the open market in a transaction dated Monday, August 11th. The stock was purchased at an average cost of $10.90 per share, for a total transaction of $1,111,800.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Townsquare Media, LLC is an integrated and diversified media and entertainment company. The Company owns and operates radio stations, digital and social properties and live events in small and mid-sized markets across the United States, delivering to the communities it serves on a local level.
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