LBG Media’s (LBG) “Buy” Rating Reaffirmed at Berenberg Bank

LBG Media (LON:LBG)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 170 ($2.32) price target on the stock. Berenberg Bank’s price target suggests a potential upside of 64.23% from the stock’s previous close.

LBG Media Stock Up 2.5%

LBG stock opened at GBX 103.52 ($1.41) on Wednesday. The firm has a market cap of £218.47 million, a PE ratio of 31.96 and a beta of 0.83. LBG Media has a 1 year low of GBX 81 ($1.11) and a 1 year high of GBX 146 ($1.99). The company has a fifty day simple moving average of GBX 92.78 and a 200 day simple moving average of GBX 107.29. The company has a current ratio of 2.43, a quick ratio of 5.33 and a debt-to-equity ratio of 6.88.

LBG Media (LON:LBG) last announced its quarterly earnings results on Tuesday, June 24th. The company reported GBX 3 ($0.04) earnings per share for the quarter. LBG Media had a return on equity of 10.41% and a net margin of 8.55%. Sell-side analysts anticipate that LBG Media will post 8.3434836 EPS for the current fiscal year.

LBG Media Company Profile

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality).