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

Berenberg Bank reaffirmed their buy rating on shares of LBG Media (LON:LBG) in a research report report published on Tuesday,London Stock Exchange reports. The brokerage currently has a GBX 170 price objective on the stock.

LBG Media Trading Down 9.5%

Shares of LBG stock opened at GBX 82.40 on Tuesday. The company has a market capitalization of £172.28 million, a P/E ratio of 21.68 and a beta of 0.83. The firm has a 50-day moving average price of GBX 86.41 and a 200 day moving average price of GBX 91.86. The company has a quick ratio of 5.33, a current ratio of 2.43 and a debt-to-equity ratio of 6.88. LBG Media has a 12-month low of GBX 78.40 and a 12-month high of GBX 126.53.

LBG Media (LON:LBG) last posted its earnings results on Tuesday, February 3rd. The company reported GBX 5.10 earnings per share (EPS) for the quarter. LBG Media had a net margin of 8.55% and a return on equity of 10.41%. Research analysts forecast that LBG Media will post 8.3434836 earnings per share for the current fiscal year.

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). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, Youtube and TikTok) and has built multiple websites to reach new audiences and drive engagement.