Barrington analyst James Goss maintained a Buy rating on Nexstar Media Group Inc (NXST) today and set a price target of $135. The company’s shares opened today at $110.11, close to its 52-week high of $119.93.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 14.2% and a 62.7% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and iPic Entertainment Inc.
Nexstar Media Group Inc has an analyst consensus of Strong Buy, with a price target consensus of $134.20, which is a 21.9% upside from current levels. In a report issued on April 24, Guggenheim also maintained a Buy rating on the stock with a $130 price target.
See today’s analyst top recommended stocks >>
Nexstar Media Group Inc’s market cap is currently $5.02B and has a P/E ratio of 13.40. The company has a Price to Book ratio of 2.71.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company. It focuses on the acquisition, development and operation of television stations and interactive community websites and digital media services in the U.S. The company provides services free over-the-air programming which includes programs produced by networks with which the stations are affiliated; programs that the stations produce; and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. Nexstar Media Group was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.
