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

Berenberg Bank reiterated their buy rating on shares of LBG Media (LON:LBG) in a research note published on Wednesday, Marketbeat.com reports. Berenberg Bank currently has a GBX 170 price objective on the stock.

LBG Media Stock Performance

Shares of LON:LBG opened at GBX 91 on Wednesday. The company’s 50 day simple moving average is GBX 97.62 and its 200 day simple moving average is GBX 95.97. The stock has a market capitalization of £190.26 million, a price-to-earnings ratio of 23.95 and a beta of 0.83. The company has a debt-to-equity ratio of 6.88, a current ratio of 2.43 and a quick ratio of 5.33. LBG Media has a 1 year low of GBX 81 and a 1 year high of GBX 143.40.

About LBG Media

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).