Nielsen Hldg Sets New 1-Year High at $48.55 (NLSN)
Shares of Nielsen Hldg (NASDAQ:NLSN) hit a new 52-week high during trading on Tuesday , Analyst Ratings.Net reports. The stock traded as high as $48.55 and last traded at $48.37, with a volume of 569,229 shares changing hands. The stock had previously closed at $48.30.
NLSN has been the subject of a number of recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Nielsen Hldg in a research note on Thursday, June 19th. They now have a $53.00 price target on the stock, up previously from $51.00. Separately, analysts at Barclays initiated coverage on shares of Nielsen Hldg in a research note on Wednesday, May 14th. They set an “overweight” rating and a $55.00 price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Nielsen Hldg from $52.00 to $56.00 in a research note on Wednesday, April 30th. They now have an “outperform” rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $44.66.
The stock’s 50-day moving average is $47.32 and its 200-day moving average is $45.46. The company has a market cap of $18.302 billion and a P/E ratio of 24.27.
Nielsen Hldg (NASDAQ:NLSN) last announced its earnings results on Thursday, April 24th. The company reported $0.43 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.42 by $0.01. The company had revenue of $1.49 billion for the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 12.9% on a year-over-year basis. Analysts expect that Nielsen Hldg will post $2.51 EPS for the current fiscal year.
In other Nielsen Hldg news, Director David L. Calhoun sold 187,194 shares of the stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $48.13, for a total transaction of $9,009,647.22. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Nielsen Holdings NV is a Netherlands-based company engaged in information and measurement services. The Company, together with its subsidiaries, delivers media and marketing information, and analytics on a global and local basis.
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