Nielsen Hldg Price Target Raised to $55.00 at FBR Capital Markets (NLSN)
Analysts at FBR Capital Markets lifted their target price on shares of Nielsen Hldg (NASDAQ:NLSN) from $51.00 to $55.00 in a research report issued to clients and investors on Thursday. FBR Capital Markets’ price objective would indicate a potential upside of 18.61% from the company’s current price.
A number of other analysts have also recently weighed in on NLSN. Analysts at RBC Capital raised their price target on shares of Nielsen Hldg from $49.00 to $52.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Separately, 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. Finally, 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. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. Nielsen Hldg currently has an average rating of “Hold” and a consensus target price of $47.55.
Shares of Nielsen Hldg (NASDAQ:NLSN) traded up 0.56% on Thursday, hitting $46.37. 2,095,317 shares of the company’s stock traded hands. Nielsen Hldg has a 52-week low of $32.40 and a 52-week high of $49.61. The stock’s 50-day moving average is $48.08 and its 200-day moving average is $46.14. The company has a market cap of $17.634 billion and a P/E ratio of 43.50.
Nielsen Hldg (NASDAQ:NLSN) last announced its earnings results on Tuesday, July 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.01. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 15.0% 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.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, September 11th. Shareholders of record on Thursday, August 28th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.16%.
In other Nielsen Hldg news, EVP Itzhak Fisher sold 26,835 shares of the company’s stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $47.71, for a total value of $1,280,297.85. The sale was disclosed in a document filed with the SEC, which can be accessed through 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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