JMP Securities reaffirmed their market outperform rating on shares of Nexxen International (NASDAQ:NEXN – Free Report) in a report released on Tuesday, Benzinga reports. They currently have a $11.00 price objective on the stock.
Several other analysts have also issued reports on NEXN. Needham & Company LLC reaffirmed a buy rating and set a $6.50 price target on shares of Nexxen International in a research report on Tuesday. Royal Bank of Canada reaffirmed an outperform rating and set a $8.00 price target on shares of Nexxen International in a research report on Tuesday. Finally, Stifel Nicolaus upped their price target on shares of Nexxen International from $5.50 to $6.00 and gave the stock a hold rating in a research report on Tuesday.
Check Out Our Latest Report on NEXN
Nexxen International Price Performance
Nexxen International (NASDAQ:NEXN – Get Free Report) last announced its quarterly earnings data on Wednesday, March 6th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.14). The business had revenue of $95.90 million during the quarter, compared to the consensus estimate of $91.75 million. Nexxen International had a positive return on equity of 4.86% and a negative net margin of 3.12%. During the same period in the prior year, the firm earned $0.09 EPS. As a group, sell-side analysts forecast that Nexxen International will post 0.65 EPS for the current year.
Nexxen International Company Profile
Nexxen International Ltd. provides end-to-end software platform that enables advertisers to reach publishers Israel. The company's demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats.
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