In a new note to investors today, an analyst has provided a rating update for DHX Media Ltd VV (DHX). The company received a Hold rating from BMO Capital’s analyst Tim Casey, with a C$2.50 price target.
According to TipRanks.com, Casey is ranked #1117 out of 4890 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for DHX Media Ltd VV with a C$2.56 average price target, representing a -12.6% downside. In a report released today, RBC Capital also maintained a Hold rating on the stock with a C$3 price target.
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Based on DHX Media Ltd VV’s latest earnings release for the quarter ending September 30, the company reported a quarterly GAAP net loss of C$2.35 million. In comparison, last year the company had a net profit of C$8.15 million.
DHX Media Ltd. is engages in developing, producing, distributing, broadcasting, and exploiting the rights for television and film programming and brands. It operates through the following segments: Content Business, DHX Television, and Consumer Products Represented.
The company’s shares closed on Wednesday at C$2.93.
