Berenberg Bank Reaffirms Buy Rating for LBG Media (LON:LBG)

LBG Media (LON:LBG)‘s stock had its “buy” rating restated by research analysts at Berenberg Bank in a research note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 170 price target on the stock. Berenberg Bank’s price target indicates a potential upside of 96.14% from the company’s previous close.

LBG Media Stock Down 4.8%

LON LBG opened at GBX 86.67 on Tuesday. LBG Media has a 52 week low of GBX 78.40 and a 52 week high of GBX 126.53. The firm has a market capitalization of £181.21 million, a price-to-earnings ratio of 22.81 and a beta of 0.83. The company has a quick ratio of 5.33, a current ratio of 2.43 and a debt-to-equity ratio of 6.88. The company has a fifty day moving average of GBX 86.55 and a two-hundred day moving average of GBX 92.

LBG Media (LON:LBG) last released its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 5.10 EPS for the quarter. LBG Media had a net margin of 8.55% and a return on equity of 10.41%. On average, analysts predict that LBG Media will post 8.3434836 earnings per share for the current year.

LBG Media Company Profile

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, Youtube and TikTok) and has built multiple websites to reach new audiences and drive engagement.