Shares of WildBrain Ltd. (TSE:WILD – Get Free Report) dropped 1.7% during mid-day trading on Wednesday . The company traded as low as C$1.04 and last traded at C$1.15. Approximately 107,878 shares traded hands during trading, an increase of 83% from the average daily volume of 58,961 shares. The stock had previously closed at C$1.17.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. National Bankshares decreased their price target on shares of WildBrain from C$2.00 to C$1.40 in a research note on Monday, February 12th. Royal Bank of Canada decreased their price target on shares of WildBrain from C$2.50 to C$2.00 and set a “sector perform” rating on the stock in a research note on Tuesday, February 6th. Finally, Benchmark decreased their price target on shares of WildBrain from C$4.00 to C$3.00 in a research note on Monday, February 12th.
View Our Latest Stock Report on WildBrain
WildBrain Price Performance
WildBrain Company Profile
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.
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