WildBrain (TSE:WILD) PT Lowered to C$1.50

WildBrain (TSE:WILD) had its price objective cut by equities researchers at BMO Capital Markets from C$2.00 to C$1.50 in a research report issued on Thursday, BayStreet.CA reports. BMO Capital Markets’ price target would suggest a potential upside of 20.00% from the company’s current price.

WILD has been the subject of several other research reports. Canaccord Genuity Group upgraded WildBrain from a “hold” rating to a “speculative buy” rating and set a C$2.50 price objective for the company in a report on Thursday, September 14th. Royal Bank of Canada reduced their target price on WildBrain from C$3.00 to C$2.50 and set a “sector perform” rating for the company in a research note on Thursday, September 14th. National Bankshares reduced their target price on WildBrain from C$2.50 to C$2.00 and set a “sector perform” rating for the company in a research note on Thursday, September 14th. Finally, Benchmark reduced their target price on WildBrain from C$6.00 to C$4.00 and set a “buy” rating for the company in a research note on Thursday, September 14th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of C$2.54.

WildBrain Stock Down 1.6 %

Shares of TSE:WILD opened at C$1.25 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.17 and a debt-to-equity ratio of 188.71. The stock has a market cap of C$256.71 million, a P/E ratio of -4.17, a price-to-earnings-growth ratio of 6.85 and a beta of 1.16. The business’s 50 day moving average is C$1.51 and its 200 day moving average is C$1.74. WildBrain has a 52-week low of C$1.18 and a 52-week high of C$3.14.

About WildBrain

WildBrain Ltd. develops, produces, and distributes films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through two segments, Content and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; provides content production and distribution services; and operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.