Analysts Offer Insights on Communication Services Companies: Nexstar Media Group (NXST) and Cineplex (OtherCPXGF)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Nexstar Media Group (NXST) and Cineplex (CPXGF).
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Nexstar Media Group (NXST)
In a report released today, Patrick Sholl from Barrington reiterated a Buy rating on Nexstar Media Group, with a price target of $290.00. The company’s shares closed last Monday at $203.15.
According to TipRanks.com, Sholl is a 4-star analyst with an average return of
Currently, the analyst consensus on Nexstar Media Group is a Strong Buy with an average price target of $274.00, which is a 33.8% upside from current levels. In a report issued on May 9, TipRanks – PerPlexity also upgraded the stock to Buy with a $227.00 price target.
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Cineplex (CPXGF)
In a report released today, Aravinda Galappatthige from Canaccord Genuity maintained a Hold rating on Cineplex, with a price target of C$11.50. The company’s shares closed last Monday at $7.80.
According to TipRanks.com, Galappatthige is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cineplex with a $9.43 average price target, representing a 15.0% upside. In a report issued on April 26, TipRanks – xAI also reiterated a Hold rating on the stock with a C$11.00 price target.
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