Benchmark Co. analyst Daniel Kurnos reiterated a Buy rating on Nexstar Media Group (NXST – Research Report) today and set a price target of $225.00. The company’s shares closed yesterday at $138.48.
According to TipRanks, Kurnos is a 4-star analyst with an average return of 3.8% and a 46.36% success rate. Kurnos covers the Technology sector, focusing on stocks such as Roku, Amazon, and Angi.
Nexstar Media Group has an analyst consensus of Strong Buy, with a price target consensus of $219.00.
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The company has a one-year high of $212.83 and a one-year low of $132.30. Currently, Nexstar Media Group has an average volume of 444.1K.
Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is neutral on the stock. Last month, Jay Grossman, a Director at NXST bought 20,000.00 shares for a total of $920,600.00.
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Nexstar Media Group (NXST) Company Description:
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.
Read More on NXST:
- Nexstar management to meet virtually with Loop Capital
- Disney talks to sell ABC ‘greatly exaggerated,’ NY Post reports
- DIRECTV, Nexstar Media reach new multi-year distribution agreement
- DirectTV to temporarily restore Nexstar-owned stations, Reuters says
- Nexstar deal for ABC would be accretive but risky, says Rosenblatt
