Research analysts at Evercore Partners boosted their target price on shares of Nexstar Broadcasting (NASDAQ: NXST) Nexstar Broadcasting traded up 0.47% on Friday, hitting $16.99. Nexstar Broadcasting has a 52-week low of $6.00 and a 52-week high of $17.44. The stock?s 50-day moving average is currently $14.54. The company has a market cap of $493.0 million and a price-to-earnings ratio of 20.67.
Several other analysts have also recently commented on the stock. Analysts at Benchmark Co. raised their price target on shares of Nexstar Broadcasting from $16.00 to $21.00 in a research note to investors on Friday. They now have a ?buy? rating on the stock. Finally, analysts at ING Group upgraded shares of Nexstar Broadcasting from a ?hold? rating to a ?buy? rating in a research note to investors on Friday, January 25th. Nexstar Broadcasting Group, Inc. (Nexstar) is a television broadcasting company focused on the acquisition, development and operation of television stations in medium-sized markets in the United States.