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Cumulus Media has an analyst consensus of Moderate Buy, with a price target consensus of $20.50, which is a 128.29% upside from current levels. In a report released on August 4, Noble Financial also maintained a Buy rating on the stock with a $24.00 price target.
The company has a one-year high of $15.67 and a one-year low of $6.46. Currently, Cumulus Media has an average volume of 242.5K.
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Cumulus Media, Inc. engages in the business of radio broadcasting. It operates through the following segments: Radio Station Group, Westwood One, and Corporate and Other. The Radio Station Group segment includes the sale of broadcasting time to local, regional, and national advertisers. The Westwood One segment covers the revenues generated primarily through network advertising. The Corporate and Other segment consists of the overall executive, administrative, and support functions for each of the company’s reportable segments, including finance and administration, legal, human resources, and information technology functions. The company is headquartered in Atlanta, GA.
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