Nielsen Holdings N.V. Now Covered by Goldman Sachs Group Inc. (NLSN)
Equities researchers at Goldman Sachs Group Inc. assumed coverage on shares of Nielsen Holdings N.V. (NASDAQ:NLSN) in a research report issued on Friday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $38.00 price target on the stock. Goldman Sachs Group Inc.’s price target would suggest a potential upside of 2.21% from the stock’s previous close.
The analysts wrote, “We resume coverage of NLSN with a Neutral rating and a $38, 12-month, EV/EBITDA-based target price for 5% total return, in line with the 4% average return for the group. NLSN has been essentially flat vs. the S&P 500 since its late January 2011 IPO, with shares +6%/-1% vs. the market since January 2011/YTD. Shares have lagged recently on concerns about growth for its Insights business (primarily discretionary analyses looking at advertising vs. buying trends) in light of weakness in Europe and regulatory hurdles for its proposed acquisition of Arbitron – a deal to integrate measurement of radio alongside its core TV and internet offerings that we believe makes strategic sense, as it increases NLSN’s ability to compare advertising effectiveness across more mediums.”
Shares of Nielsen Holdings N.V. (NASDAQ:NLSN) traded down 2.17% during mid-day trading on Friday, hitting $36.375. The stock had a trading volume of 1,274,621 shares. Nielsen Holdings N.V. has a 52 week low of $27.30 and a 52 week high of $37.30. The stock has a 50-day moving average of $34.29 and a 200-day moving average of $34.4. The company has a market cap of $13.718 billion and a price-to-earnings ratio of 22.01.
Nielsen Holdings N.V. (NASDAQ:NLSN) last released its earnings data on Tuesday, July 30th. The company reported $0.49 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.52 by $0.03. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter last year, the company posted $0.42 earnings per share. Nielsen Holdings N.V.’s revenue was up 3.3% compared to the same quarter last year. On average, analysts predict that Nielsen Holdings N.V. will post $1.92 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein upgraded shares of Nielsen Holdings N.V. (NASDAQ:NLSN) from a “market perform” rating to an “outperform” rating in a research note to investors on Tuesday, August 20th. They now have a $38.00 price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of Nielsen Holdings N.V. (NASDAQ:NLSN) from $38.00 to $37.00 in a research note to investors on Thursday, August 1st. They now have an “outperform” rating on the stock. Finally, analysts at Citigroup Inc. cut their EPS estimates on shares of Nielsen Holdings N.V. (NASDAQ:NLSN) in a research note on Thursday. They now have a $38.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $35.73.
In other Nielsen Holdings N.V. news, EVP Itzhak Fisher sold 30,876 shares of Nielsen Holdings N.V. stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $35.67, for a total value of $1,101,346.92. Following the transaction, the executive vice president now directly owns 8,832 shares in the company. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Nielsen Holdings N.V. is a global information and measurement company. The Company delivers media and marketing information, and analytics on a global and local basis.
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