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RBC Capital Sticks to Their Buy Rating for Nexxen International (NEXN)

Tipranks - Tipranks - Tue Jan 6, 8:00PM CST

In a report released yesterday, Matthew Swanson from RBC Capital maintained a Buy rating on Nexxen International, with a price target of $12.00.

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According to TipRanks, Swanson is an analyst with an average return of -3.8% and a 43.01% success rate. Swanson covers the Technology sector, focusing on stocks such as Adobe, Zeta Global Holdings Corp, and International Business Machines.

Nexxen International has an analyst consensus of Strong Buy, with a price target consensus of $11.67.

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Based on Nexxen International’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $94.79 million and a net profit of $4.21 million. In comparison, last year the company earned a revenue of $90.18 million and had a net profit of $14.54 million

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