Nielsen Holdings Gets a Hold Rating from Pivotal Research

By Austin Angelo

In a report issued on July 27, Brian Wieser from Pivotal Research reiterated a Hold rating on Nielsen Holdings (NYSE: NLSN), with a price target of $38. The company’s shares closed on Friday at $41.80.

Wieser commented:

“We continue to rate the stock Hold. Nielsen reported 2Q17 revenue growth of +3.0%, or +4.1% on a constant currency basis, in line with StreetAccount consensus, although below our prior expectations. On an organic basis, revenues were up by around +1%. Once again, much of the softness in the quarter’s revenue was due to a decline in Buy-segment businesses, and weakness in the US in particular, which has been particularly impacted by increased cost scrutiny from large packaged goods marketers. Total segment level revenue fell by – 2.0% on a constant currency basis, with developed markets down -1.2%.”

According to TipRanks.com, Wieser is a 5-star analyst with an average return of 11.3% and a 73.2% success rate. Wieser covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Publicis Groupe SA, and 21st Century Fox.

Currently, the analyst consensus on Nielsen Holdings is Moderate Buy and the average price target is $44.20, representing a 5.7% upside.

In a report issued on July 27, Cantor Fitzgerald also maintained a Hold rating on the stock with a $45 price target.

Based on Nielsen Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.64 billion and quarterly net profit of $131 million. In comparison, last year the company earned revenue of $1.6 billion and had a net profit of $113 million.

Based on the recent corporate insider activity of 155 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2017, Jeffrey Charlton, the SVP & Corp. Contr. of NLSN sold 1,824 shares for a total of $75,386.

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Nielsen Holdings Plc provides global marketing data collection and analytics services. The company operates through two segments: Watch and Buy. The Watch segment provides services to media and advertising clients and audience measurement services through television, radio, online and mobile.