Analysts Are Bullish on These Communication Services Stocks: Gannett (GCI), Prosus (PROSF)
There's a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Gannett (GCI – Research Report) and Prosus (PROSF – Research Report) with bullish sentiments.
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Gannett (GCI)
Compass Point analyst Giuliano Bologna reiterated a Buy rating on Gannett on June 27 and set a price target of $8.00. The company's shares closed last Friday at $3.58.
According to TipRanks.com, Bologna is a 4-star analyst with an average return of 11.6% and a 57.1% success rate. Bologna covers the Financial sector, focusing on stocks such as Mr Cooper Group, MGIC Investment, and Ally Financial.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gannett with a $5.80 average price target.
Prosus (PROSF)
The company's shares closed last Wednesday at $55.70.
According to TipRanks.com, Ross is ranked #1594 out of 9653 analysts.
Prosus has an analyst consensus of Moderate Buy, with a price target consensus of $63.16, implying a 12.7% upside from current levels. In a report issued on June 16, Citi also maintained a Buy rating on the stock with a EUR56.00 price target.
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