Benchmark Boosts TNL Mediagene (NASDAQ:TNMG) Price Target to $14.00

TNL Mediagene (NASDAQ:TNMG) had its price target upped by equities researchers at Benchmark from $3.50 to $14.00 in a report issued on Thursday, MarketBeat.com reports. The brokerage currently has a “speculative buy” rating on the stock.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of TNL Mediagene in a research report on Thursday, December 18th. Wall Street Zen upgraded shares of TNL Mediagene to a “hold” rating in a report on Saturday, December 27th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $14.00.

TNL Mediagene Stock Down 11.3%

TNMG opened at $1.96 on Thursday. TNL Mediagene has a 52 week low of $1.94 and a 52 week high of $120.00. The stock’s fifty day moving average is $4.56 and its two-hundred day moving average is $6.70. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.38 and a current ratio of 0.38.

TNL Mediagene Company Profile

TNL Mediagene engages in digital advertising, integrated marketing, marketing survey, artificial intelligence technology, data analysis, content service platform, and production of audio-visual programs. It operates media, technology, and digital studio businesses primarily in Japan and Taiwan. The company was founded on May 25, 2023 and is headquartered in Taipei, Taiwan.