Shares of DHX Media Ltd VV (DHX) were revisited by a Wall Street analyst today. Analyst Drew Mcreynolds from RBC Capital reiterated a Hold rating, with a C$3 price target.
According to TipRanks.com, Mcreynolds is a 4-star analyst with an average return of 5.5% and a 55.7% success rate. Mcreynolds covers the Services sector, focusing on stocks such as Thomson Reuters Corp, Torstar Corp, and DHX Media.
DHX Media Ltd VV has an analyst consensus of Hold, with a price target consensus of C$2.56, representing a -12.6% downside. In a report released today, National Bank also maintained a Hold rating on the stock with a C$2.75 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.
