WildBrain Ltd. (OTCMKTS:WLDBF) Given Average Rating of “Buy” by Brokerages

WildBrain Ltd. (OTCMKTS:WLDBFGet Rating) has been given an average recommendation of “Buy” by the eight analysts that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $4.00.

A number of brokerages have recently weighed in on WLDBF. Canaccord Genuity Group lowered their price target on WildBrain from C$3.90 to C$3.50 and set a “buy” rating for the company in a report on Tuesday, May 10th. Scotiabank reduced their price objective on WildBrain from C$4.60 to C$4.40 in a research report on Thursday, February 10th.

WLDBF stock traded up $0.12 during midday trading on Tuesday, hitting $2.22. 49,354 shares of the company’s stock were exchanged, compared to its average volume of 39,087. WildBrain has a 12-month low of $1.76 and a 12-month high of $3.34. The firm has a 50 day moving average price of $2.43 and a 200-day moving average price of $2.51.

About WildBrain (Get Rating)

WildBrain Ltd. develops, produces, and distributes films and television programs worldwide. The company operates through two segments, Content Business and Canadian Television Broadcasting. It focuses on children and family content, including animated series; and provides production services, as well as operates children's channels on YouTube.

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Analyst Recommendations for WildBrain (OTCMKTS:WLDBF)

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