Benchmark Co. analyst Daniel Kurnos maintained 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 $157.28.
Kurnos covers the Communication Services sector, focusing on stocks such as Paramount Global Class B, Nexstar Media Group, and Magnite. According to TipRanks, Kurnos has an average return of 7.5% and a 49.70% success rate on recommended stocks.
Nexstar Media Group has an analyst consensus of Moderate Buy, with a price target consensus of $188.00.
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The company has a one-year high of $210.88 and a one-year low of $131.09. Currently, Nexstar Media Group has an average volume of 315.7K.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NXST in relation to earlier this year. Earlier this month, Thomas Carter, the Senior Advisor of NXST sold 3,100.00 shares for a total of $491,474.00.
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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:
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