LBG Media (LON:LBG) Given New GBX 90 Price Target at Berenberg Bank

LBG Media (LON:LBG) had its target price decreased by Berenberg Bank from GBX 170 to GBX 90 in a report released on Wednesday morning,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.

LBG Media Price Performance

Shares of LON:LBG opened at GBX 46 on Wednesday. The company’s fifty day moving average is GBX 63.38 and its two-hundred day moving average is GBX 79.80. The company has a market cap of £96.18 million, a P/E ratio of 9.20 and a beta of 0.79. LBG Media has a 12-month low of GBX 44 and a 12-month high of GBX 115.30. The company has a quick ratio of 5.33, a current ratio of 3.27 and a debt-to-equity ratio of 3.88.

LBG Media (LON:LBG) last issued its earnings results on Tuesday, February 3rd. The company reported GBX 5.10 EPS for the quarter. LBG Media had a return on equity of 13.81% and a net margin of 11.52%. Equities analysts expect 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.