Nexstar Media Group Inc (NXST) Receives a Buy from B.Riley FBR


B.Riley FBR analyst Zachary Silver 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 $103.15, close to its 52-week high of $103.75.

According to TipRanks.com, Silver is a 3-star analyst with an average return of 6.0% and a 71.4% success rate. Silver covers the Technology sector, focusing on stocks such as Shenandoah Telecommunications Co, CSG Systems International, and United States Cellular.

Nexstar Media Group Inc has an analyst consensus of Strong Buy, with a price target consensus of $113, implying a 9.5% upside from current levels. In a report issued on February 27, Benchmark Co. also maintained a Buy rating on the stock with a $115 price target.

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Nexstar Media Group Inc’s market cap is currently $4.68B and has a P/E ratio of 12.47. The company has a Price to Book ratio of 2.52.

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Nexstar Media Group, Inc. is a television broadcasting and digital media company, which 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 st

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