Breakingviews - IPO duo lay out textbook examples of buyout bind
Written by Emily J. Thompson, Senior Investment Analyst
Source: Reuters
Disappointing IPOs: The IPOs of McGraw Hill and NIQ Global Intelligence faced challenges, with shares priced lower than expected and trading even lower post-launch, reflecting investor skepticism amid heavy debt loads and unprofitability.
Private Equity Pressure: Despite the disappointing debuts, private equity firms are eager for exits due to a backlog of aging assets and declining distributions, leading to a willingness to accept lower valuations in M&A or IPO sales.
Analyst Views on NIQ
Wall Street analysts forecast NIQ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NIQ is 21.07 USD with a low forecast of 17.50 USD and a high forecast of 24.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 18.000
Low
17.50
Averages
21.07
High
24.00
Current: 18.000
Low
17.50
Averages
21.07
High
24.00
About NIQ
NIQ Global Intelligence PLC is a global consumer intelligence company. The Company provides brands, retailers and other clients with a holistic view of consumer shopping behavior globally to drive strategic and operating decisions. It manages a comprehensive and integrated ecosystem - The NIQ Ecosystem - which combines proprietary data, technology, human intelligence, software applications, and analytics solutions. Its unified, artificial intelligence powered technology platform aggregates, harmonizes and enriches vast amounts of global consumer shopping data from diverse sources, generates proprietary reference data and metadata, and provides a global, omnichannel view of consumer shopping behavior - The Full View. Its solutions include market measurement, consumer behavior and insights, innovation, brands and media, analytics and activation, and product finder. Its industries include consumer packaged goods, financial services, media, public sector, retail, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
