Why Nexstar Media Stock Rose 15.2% This Week
As of Friday at 2:30 p.m. ET, Nexstar Media Group's (NASDAQ: NXST) stock price had gained 15.2% this week, according to S&P Global Market Intelligence. The stock had been up as much as 19.1% during the week. Nexstar was trading at around $154 per share on Friday afternoon, down about 11% year to date.
It was not a particularly good week for the markets overall, as the S 500 was off 0.1%, the Dow Jones Industrial Average was up 0.2%, and the Nasdaq Composite fell 0.5% (all as of Friday at 2:30 p.m. ET).
Nexstar Media is the largest owner of local television stations in the country, with some 200 stations in its portfolio in 116 markets, serving about 68% of U.S. households.
Source Fool.com
Nexstar Broadcast.A Stock
€163.00
-0.340%
With 16 Buy predictions and not the single Sell prediction the community is currently very high on Nexstar Broadcast.A.
As a result the target price of 216 € shows a positive potential of 32.52% compared to the current price of 163.0 € for Nexstar Broadcast.A.
