Nielsen Holdings N.V. PT Lowered to $35.00 (NLSN)
Investment analysts at Pivotal Research decreased their target price on shares of Nielsen Holdings N.V. (NASDAQ:NLSN) from $36.00 to $35.00 in a note issued to investors on Thursday, Analyst Ratings.Net reports. The firm currently has a “hold” rating on the stock. Pivotal Research’s price target would suggest a potential downside of 10.21% from the stock’s previous close.
Shares of Nielsen Holdings N.V. (NASDAQ:NLSN) traded up 1.80% during mid-day trading on Thursday, hitting $38.98. The stock had a trading volume of 2,775,693 shares. Nielsen Holdings N.V. has a 52-week low of $27.30 and a 52-week high of $37.09. The stock’s 50-day moving average is $33.93 and its 200-day moving average is $34.38. The company has a market cap of $14.700 billion and a price-to-earnings ratio of 22.67.
Nielsen Holdings N.V. (NASDAQ:NLSN) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.48 by $0.02. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 2.7% on a year-over-year basis.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 9th. Shareholders of record on Monday, November 25th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.05%. The ex-dividend date is Thursday, November 21st.
A number of other firms have also recently commented on NLSN. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Nielsen Holdings N.V. in a research note to investors on Thursday. They now have a $40.00 price target on the stock, down previously from $41.00. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of Nielsen Holdings N.V. in a research note to investors on Tuesday, October 1st. They set an “overweight” rating and a $43.00 price target on the stock. Finally, analysts at Evercore Partners raised their price target on shares of Nielsen Holdings N.V. from $34.00 to $35.00 in a research note to investors on Tuesday, September 24th. They now have an “equal weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company. Nielsen Holdings N.V. presently has a consensus rating of “Buy” and a consensus target price of $37.14.
In other Nielsen Holdings N.V. news, EVP Itzhak Fisher sold 30,876 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $37.04, for a total transaction of $1,143,647.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.