Stephens analyst Kyle Evans reiterated a Buy rating on Nexstar (NASDAQ: NXST) today and set a price target of $94. The company’s shares opened today at $77.05.
According to TipRanks.com, Evans is a 3-star analyst with an average return of 5.8% and a 48.4% success rate. Evans covers the Services sector, focusing on stocks such as Live Nation Entertainment, Entercom Communications, and Tribune Media Company.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexstar with a $91 average price target, implying a 18.1% upside from current levels. In a report released yesterday, Barrington also maintained a Buy rating on the stock with a $96 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 723.2K.
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
