Rosenblatt Securities Keeps Their Buy Rating on Nexxen International (NEXN)
Rosenblatt Securities analyst Barton Crockett maintained a Buy rating on Nexxen International today and set a price target of $16.00. The company’s shares closed yesterday at $9.90.
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According to TipRanks, Crockett is a 4-star analyst with an average return of 5.4% and a 53.32% success rate. Crockett covers the Communication Services sector, focusing on stocks such as Walt Disney, Comcast, and Nexxen International.
Currently, the analyst consensus on Nexxen International is a Strong Buy with an average price target of $14.50, implying a 46.46% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $14.00 price target.
NEXN market cap is currently $656.1M and has a P/E ratio of 14.96.
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