Scotiabank Rates Nexxen International (NEXN) buy
Scotiabank maintains its buy rating on Nexxen International with a target of $11, a 27.31% upside from the current price.
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Scotiabank rated Nexxen International Ltd. ($NEXN) "buy" with a $11 price target on June 17, 2026.
Since the rating, $NEXN is down 0.2% after 1 week, up 18.4% after 1 month and up 3.3% to date (from the $8.58 close on Jun 17, 2026).
Key Points
- Scotiabank reiterated its buy rating on Nexxen International Ltd. with a price target of $11 as of June 17, 2026.
- Scotiabank's $11 price target implies 27.31% upside from Nexxen International Ltd.'s ($NEXN) current $8.64 share price.
- Nexxen International's stock recently traded at $8.75, with a market cap of $487.6 million and a P/E ratio of 29.17.
- Insider Niri Sagi sold shares in June under a planned sale, while several analysts maintain buy ratings.
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Scotiabank has reiterated its buy rating for Nexxen International Ltd. (NasdaqGM: NEXN) with a price target of $11, according to an update on June 17, 2026. The stock recently traded at $8.75.
Analysts Set New Price Targets
On June 17, 2026, Scotiabank maintained its buy rating for Nexxen International Ltd., setting a price target of $11. In the same vein, Needham and BTIG also kept their buy ratings, with targets of $10.5 and $10, respectively. RBC Capital had also maintained a buy rating with an $11 target back in May. The consensus among analysts is a buy, with a mean target price of $12.39 based on 10 opinions.
Nexxen International Ltd. Stock Down 0.8%
Shares of NasdaqGM:NEXN traded around $8.75. The company has a market cap of about $487.6 million, with a P/E ratio of 29.17 and a forward P/E of 7.17. Nexxen's beta is 1.481, indicating higher volatility compared to the market. The stock's 52-week range has been between $5.60 and $11.59, with moving averages of $7.82 (50-day) and $7.44 (200-day). The company maintains a current and quick ratio of 1.246 and a debt-to-equity ratio of 6.374.
$NEXN price target
Nexxen International Ltd. daily closes and this analyst's $11 target. Not advice.
Insider Buying and Selling at Nexxen International Ltd.
Niri Sagi, the Chief Financial Officer of Nexxen International, sold shares as part of a planned transaction throughout June 2026. On June 12, he sold 200 shares at an average price of $8.70. Earlier sales included 5,922 shares on June 10 at $8.74, and 13,164 shares on June 4 at $8.54, among others.
About Nexxen International Ltd.
Nexxen International Ltd., headquartered in Tel Aviv, Israel, operates within the communication services sector, specifically in advertising. The company provides a comprehensive digital advertising platform that supports video-first campaigns for brands, agencies, and media groups globally. It offers solutions for demand-side and supply-side platforms, data insights, and AI-driven analytics. Nexxen, formerly known as Tremor International Ltd., is led by CEO Mr. Ofer Druker and employs 909 people.
Bottom Line
Scotiabank's reaffirmation of its buy rating for Nexxen International Ltd. reflects a continued positive outlook, with a target price suggesting potential upside. The stock's recent trading levels and fundamental metrics, such as its market cap and P/E ratio, provide investors with a snapshot of its current positioning. While insider transactions are planned, the consensus among analysts remains favorable, indicating confidence in the company's future prospects.
Source: Scotiabank's rating change on $NEXN (Jun 17, 2026). Written by software, not financial advice. How we make alerts