Analysts' Recommendation: Hold 30 Days Ago: Hold Analysts' Target: $30 Analysts' Targets Lehman Brothers $21 Equalweight Wednesday, June 18, 2008 Deutsche Bank Securities $38 Accumulate Wednesday, January 16, 2008 Gannett Co., Inc. operates as a news and information company in the United States and the United Kingdom. It operates in two segments, Newspaper Publishing and Broadcasting. The Newspaper Publishing segment publishes 102 daily newspapers in the United States and the United Kingdom, approximately 900 nondaily publications in the United States and Guam, as well as publishes approximately 300 titles in the United Kingdom. This segment also includes PointRoll, an Internet advertisement services business; Planet Discover, a provider of local, integrated online search and advertising technology, as well as operates HighSchoolSports.net. In addition, it engages in commercial printing, newswire, and marketing and data services operations. The Broadcasting segment owns and operates 23 television stations that reach approximately 20 million households in the United States. These stations operate Web sites offering news, entertainment, and advertising content in text and video format. This segment also includes Captivate Network, a national news and entertainment network that delivers programming and full-motion video advertising through video screens located in elevators of office towers and select hotels in North America. The company has strategic business relationships with online investee companies, including CareerBuilder; Classified Ventures; ShopLocal. com; Topix.net; and Metromix LLC. Gannett Co. was founded in 1906 and is headquartered in McLean, Virginia
$18.0 (07/12/08)
