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Analysts Are Neutral on These Communication Services Stocks: TPG Telecom Limited (TPGTF), Nexxen International (NEXN)

Tipranks - Tipranks - Thu Jun 25, 8:20PM CDT

Analysts fell to the sidelines weighing in on TPG Telecom Limited (TPGTF) and Nexxen International (NEXN) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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TPG Telecom Limited (TPGTF)

UBS analyst Lucy Huang maintained a Hold rating on TPG Telecom Limited today and set a price target of A$3.97. The company’s shares closed last Wednesday at $3.28.

Huang has an average return of 2.4% when recommending TPG Telecom Limited. ;'>

According to TipRanks.com, Huang is ranked #9368 out of 12320 analysts.

Currently, the analyst consensus on TPG Telecom Limited is a Hold with an average price target of $2.73.

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Nexxen International (NEXN)

In a report released yesterday, Jason Kreyer from Craig-Hallum assigned a Hold rating to Nexxen International. The company’s shares closed last Wednesday at $8.56, close to its 52-week low of $6.93.

According to TipRanks.com, Kreyer is a 4-star analyst with an average return of 8.3% and a 43.4% success rate. Kreyer covers the Technology sector, focusing on stocks such as Gloo Holdings, Inc. Class A, Zeta Global Holdings Corp, and Creative Realities. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nexxen International with a $11.50 average price target.

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