Nielsen Hldg PT Raised to $48.00 (NLSN)
Equities researchers at BMO Capital Markets upped their price objective on shares of Nielsen Hldg (NASDAQ:NLSN) from $45.00 to $48.00 in a research report issued on Thursday. BMO Capital Markets’ target price indicates a potential upside of 3.52% from the stock’s previous close.
A number of other firms have also recently commented on NLSN. Analysts at FBR Capital Markets raised their price target on shares of Nielsen Hldg from $51.00 to $55.00 in a research note on Thursday. Separately, 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. Finally, 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. Two 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 stock. Nielsen Hldg has a consensus rating of “Hold” and a consensus price target of $47.55.
Shares of Nielsen Hldg (NASDAQ:NLSN) traded up 0.56% on Thursday, hitting $46.37. The stock had a trading volume of 2,095,317 shares. 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 price-to-earnings ratio of 43.50.
Nielsen Hldg (NASDAQ:NLSN) last released its earnings data on Tuesday, July 29th. The company reported $0.62 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.49 earnings per share. The company’s quarterly revenue was up 15.0% on a year-over-year basis. Analysts expect that Nielsen Hldg will post $2.51 EPS 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 stock on the open market in a transaction that occurred on Monday, July 28th. The shares were 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.
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.