After Barrington and Jefferies gave Nexstar (NASDAQ: NXST) a Buy rating last month, the company received another Buy, this time from B.Riley FBR. Analyst Barton Crockett maintained a Buy rating on Nexstar today and set a price target of $92. The company’s shares closed yesterday at $81.45.
According to TipRanks.com, Crockett is a 4-star analyst with an average return of 5.0% and a 55.1% success rate. Crockett covers the Services sector, focusing on stocks such as Liberty Media Corporation Series A Liberty SiriusXM Common Stock, Lions Gate Ent Corp Cl A, and Qurate Retail Group Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexstar with a $92.40 average price target.
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The company has a one-year high of $89.75 and a one-year low of $56.65. Currently, Nexstar has an average volume of 665K.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock.
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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
