Citi Sticks to Their Hold Rating for Gannett (GCI)

Citi analyst Jason Bazinet maintained a Hold rating on Gannett today and set a price target of $4.30. The company’s shares closed last Friday at $4.02.

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Bazinet covers the Communication Services sector, focusing on stocks such as Netflix, AppLovin, and Electronic Arts. According to TipRanks, Bazinet has an average return of 16.1% and a 63.35% success rate on recommended stocks.

In addition to Citi, Gannett also received a Hold from TR | OpenAI – 4o’s Alice Pagelyn in a report issued on August 2. However, on August 1, Citizens JMP reiterated a Buy rating on Gannett (NYSE: GCI).

GCI market cap is currently $589.4M and has a P/E ratio of 6.19.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GCI in relation to earlier this year. Most recently, in May 2025, Michael Reed, the CEO of GCI bought 33,000.00 shares for a total of $106,950.00.