Today, Macquarie Analysts Give Nielsen NV (NLSN) a $61.00 Price Target

Today, Macquarie Analysts Give Nielsen NV (NLSN) a $61.00 Price Target

Macquarie set a $61.00 target price on Nielsen NV (NYSE:NLSN) in a research report released on Wednesday. The firm currently has a a buy rating on the stock.

NLSN has been the subject of a number of other reports. Bank of America Corp. reiterated a buy rating on shares of Nielsen NV in a report on Wednesday, June 15th. JPMorgan Chase & Co. increased their price target on Nielsen NV from $60.00 to $64.00 and gave the stock an overweight rating in a report on Wednesday, July 27th. Pivotal Research reiterated a hold rating on shares of Nielsen NV in a report on Tuesday, July 26th. BMO Capital Markets cut Nielsen NV from an outperform rating to a market perform rating and set a $56.00 price target for the company. in a report on Friday, July 22nd. They noted that the move was a valuation call. Finally, Barclays PLC reiterated a buy rating on shares of Nielsen NV in a report on Saturday, July 9th. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $57.93.

Shares of Nielsen NV (NYSE:NLSN) opened at 53.53 on Wednesday. The company has a market capitalization of $19.13 billion, a P/E ratio of 32.36 and a beta of 0.83. The company has a 50 day moving average price of $52.77 and a 200 day moving average price of $52.92. Nielsen NV has a 12-month low of $42.90 and a 12-month high of $55.94.

Nielsen NV (NYSE:NLSN) last released its quarterly earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.71. The business earned $1.60 billion during the quarter, compared to analysts’ expectations of $1.61 billion. Nielsen NV had a return on equity of 21.08% and a net margin of 9.71%. The company’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.66 EPS. Equities analysts anticipate that Nielsen NV will post $2.87 EPS for the current year.

In other Nielsen NV news, CEO Dwight Barns sold 60,136 shares of Nielsen NV stock in a transaction that occurred on Thursday, July 28th. The stock was sold at an average price of $53.75, for a total transaction of $3,232,310.00. Following the transaction, the chief executive officer now owns 248,600 shares of the company’s stock, valued at $13,362,250. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Giovanni Tavolieri sold 7,883 shares of Nielsen NV stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $52.76, for a total value of $415,907.08. Following the transaction, the insider now directly owns 21,417 shares in the company, valued at approximately $1,129,960.92. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Virginia Retirement System purchased a new position in Nielsen NV during the first quarter valued at approximately $295,000. Advisor Partners LLC raised its position in Nielsen NV by 0.4% in the first quarter. Advisor Partners LLC now owns 4,852 shares of the company’s stock valued at $256,000 after buying an additional 17 shares during the period. Investec Asset Management LTD raised its position in Nielsen NV by 6.4% in the first quarter. Investec Asset Management LTD now owns 81,773 shares of the company’s stock valued at $4,306,000 after buying an additional 4,953 shares during the period. Aviva PLC raised its position in Nielsen NV by 1.3% in the first quarter. Aviva PLC now owns 178,502 shares of the company’s stock valued at $9,400,000 after buying an additional 2,295 shares during the period. Finally, Meiji Yasuda Asset Management Co Ltd. raised its position in Nielsen NV by 2.1% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 45,925 shares of the company’s stock valued at $2,418,000 after buying an additional 935 shares during the period. 92.33% of the stock is currently owned by institutional investors.

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