Market Overview

UPDATE: Citigroup Raises PT to $38 on Nielsen Holdings on Bullish Outlook

Share:
Related NLSN
Nielsen Launches Audio DMP in Partnership with Westwood One
Has Comcast (CMCSA) Lost Patent Licensing Suit Against TiVo?

Citigroup maintained Nielsen Holdings (NYSE: NLSN) with a Buy rating and raised the price target from $35.00 to $38.00.

Citigroup commented, "Buy NLSN. Its solid initial 2013 outlook and good 4Q results support our bullish view i.e., consistent levels of revenue growth and margin expansion in almost any economic environment, combined with balance sheet deleveraging, drives solid double-digit EPS growth. To this, NLSN now adds the return of meaningful levels of cash to shareholders via a $0.16/share qtrly dividend, which equates to a 2% yield at current levels. On the Arbitron acquisition, NLSN indicated that the deal is still under regulatory review, and we remain positive on the acquisition from a strategic standpoint."

Nielsen Holdings closed at $32.67 on Monday.

Latest Ratings for NLSN

DateFirmActionFromTo
Apr 2017Telsey Advisory GroupDowngradesOutperformMarket Perform
Jan 2017BarclaysDowngradesOverweightEqual-Weight
Dec 2016Morgan StanleyUpgradesEqual-WeightOverweight

View More Analyst Ratings for NLSN
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Price Target Analyst Ratings

 

Related Articles (NLSN)

View Comments and Join the Discussion!