Rosenblatt Securities Remains a Buy on Nexxen International (NEXN)
Rosenblatt Securities analyst Barton Crockett maintained a Buy rating on Nexxen International (NEXN – Research Report) today and set a price target of $16.00. The company’s shares closed yesterday at $11.72.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Crockett covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Nexxen International, and Nexstar Media Group. According to TipRanks, Crockett has an average return of 5.3% and a 54.98% success rate on recommended stocks.
Currently, the analyst consensus on Nexxen International is a Strong Buy with an average price target of $12.00, implying a 2.39% upside from current levels. In a report released on May 23, Canaccord Genuity also maintained a Buy rating on the stock with a $14.00 price target.
NEXN market cap is currently $748M and has a P/E ratio of 17.71.
Read More on NEXN:
