DHX Media (DHX) Price Target Lowered to C$2.00 at CIBC

DHX Media (TSE:DHX) had its price objective reduced by CIBC from C$2.25 to C$2.00 in a report released on Wednesday, BayStreet.CA reports.

A number of other equities research analysts have also recently commented on DHX. Royal Bank of Canada decreased their price objective on DHX Media from C$3.00 to C$2.50 and set a sector perform rating for the company in a research note on Wednesday. National Bank Financial decreased their price objective on DHX Media from C$2.75 to C$2.25 and set a sector perform rating for the company in a research note on Wednesday, February 13th. B. Riley lifted their price objective on DHX Media from C$3.50 to C$4.00 and gave the stock a buy rating in a research note on Tuesday, February 5th. Finally, TD Securities decreased their price objective on DHX Media from C$2.75 to C$2.25 and set a hold rating for the company in a research note on Wednesday, February 13th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. DHX Media presently has a consensus rating of Hold and an average target price of C$2.57.

Shares of DHX Media stock opened at C$1.79 on Wednesday. The company has a quick ratio of 1.05, a current ratio of 1.69 and a debt-to-equity ratio of 112.06. DHX Media has a 12 month low of C$1.09 and a 12 month high of C$3.69. The firm has a market cap of $241.48 million and a P/E ratio of -4.82.

DHX Media Company Profile

DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.

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Analyst Recommendations for DHX Media (TSE:DHX)

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