Nielsen Hldg Given Consensus Rating of “Buy” by Analysts (NASDAQ:NLSN)
Nielsen Hldg (NASDAQ:NLSN) has earned an average recommendation of “Buy” from the nineteen brokerages that are currently covering the stock, AnalystRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $44.44.
A number of analysts have recently weighed in on NLSN shares. Analysts at Pivotal Research downgraded shares of Nielsen Hldg from a “buy” rating to a “hold” rating in a research note on Thursday, July 17th. They noted that the move was a valuation call. Separately, 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. Finally, 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.
Shares of Nielsen Hldg (NASDAQ:NLSN) opened at 47.91 on Friday. Nielsen Hldg has a one year low of $32.40 and a one year high of $49.61. The stock has a 50-day moving average of $48.00 and a 200-day moving average of $45.96. The company has a market cap of $18.154 billion and a price-to-earnings ratio of 24.14.
Nielsen Hldg (NASDAQ:NLSN) last released its earnings data on Thursday, April 24th. The company reported $0.43 earnings per share for the quarter, beating the analysts’ 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 previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. On average, analysts predict that Nielsen Hldg will post $2.51 earnings per share for the current fiscal year.
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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