RBC Capital Keeps a Buy Rating on Hemisphere Media (HMTV)


In a report released yesterday, Steven Cahall from RBC Capital reiterated a Buy rating on Hemisphere Media (NASDAQ: HMTV), with a price target of $16. The company’s shares closed yesterday at $12.05.

According to TipRanks.com, Cahall is a 3-star analyst with an average return of 4.2% and a 56.4% success rate. Cahall covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Lions Gate Ent Corp Cl A, and 21st Century Fox.

Hemisphere Media has an analyst consensus of Hold.

See today’s analyst top recommended stocks >>

Based on Hemisphere Media’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $7.56 million. In comparison, last year the company had a net profit of $5.18 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Hemisphere Media Group, Inc. engages in the operation of networks and content production platform, wchih includes movie and telenovela channels. Its platforms include Cinelatino, WAPA, WAPA America, Pasiones, Centroamerica TV, and Television Dominicana. The company was founded on January 16, 2013 and is headquartered in Coral Gables, FL.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts