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Media General, Inc. (MEG) [hlAlert]

Rating:
Hold MEG
up 17.49 %

Media General, Inc. (MEG) downgraded to Hold by Gabelli & Co

Posted on: Friday,  Jan 8, 2016  9:25 AM ET by Gabelli & Co

Gabelli & Co rated Hold Media General, Inc. (NYSE: MEG) on 01/08/2016. Previously Gabelli & Co rated Buy Media General, Inc. (NYSE: MEG)
on 10/03/2014., when the stock price was $13.66. Since then, Media General, Inc. has gained 17.50% as of 01/08/2016's recent price of $16.05.
If you would have followed the previous Gabelli & Co's recommendation on MEG, you would have gained 17.49% of your investment in 462 days.

Media General, Inc., is an independent, publicly owned communicationscompany with interests in newspapers, broadcast television, interactive media, recycled newsprint production, and diversified information services.

Gabelli & Co is a well-known diversified asset manager and financial services company. The company's investment services are primarily offered through its subsidiary GAMCO Asset Management Inc, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through the Company's role as advisor to a family of Mutual Funds. The company's asset management businesses are supported by Gabelli & Company, Inc., an institutional broker/dealer. Gabelli & Company, Inc. distributes the mutual funds managed by Gabelli Funds and publishes investment research which is one of the key elements of GAMCO Investors, Inc.'s success. In addition through its subsidiary Gabelli Securities, Inc., the Company serves as general partner or investment manager in a number of limited partnerships with varying investment objectives.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2016 9:25 AM Hold
None
16.05
as of 8/27/2015
1 Week down  -8.57 %
1 Month down  -35.16 %
3 Months down  -25.65 %
1 YTD down  -17.27 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2014 9:25 AM Buy
None
13.66
11/27/2013 9:25 AM Hold
None
17.07

(*) Stock Price at the time of the recommendation.
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