Canaccord Genuity analyst Kai Korschelt maintained a Buy rating on Mirriad Advertising (MMDDF) today and set a price target of p58.00. The company’s shares closed last Friday at $0.73.
Korschelt has an average return of 288.1% when recommending Mirriad Advertising.
According to TipRanks.com, Korschelt is ranked #364 out of 7501 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mirriad Advertising with a $0.76 average price target.
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The company has a one-year high of $0.95 and a one-year low of $0.04. Currently, Mirriad Advertising has an average volume of 921.
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Mirriad Advertising PLC is a video technology company. It is engaged in the development of native in-video advertising. It enables brands and advertisers to plan and run multi-title campaigns across three screens including air, online, and, mobile. Its objective is to build brand awareness in target markets and in turn generate demand for the product. Geographically, it derives a majority of revenue from China and Singapore and also has a presence in the UK, United States, Brazil, and India.
