DHX Media (TSE:DHX) had its price objective lifted by BMO Capital Markets from C$1.50 to C$2.50 in a research note issued to investors on Wednesday.

A number of other analysts have also commented on DHX. Echelon Wealth Partners lowered DHX Media from a buy rating to a speculative buy rating and decreased their target price for the company from C$5.75 to C$3.75 in a research report on Friday, September 14th. Royal Bank of Canada decreased their target price on DHX Media from C$4.00 to C$2.00 and set a sector perform rating for the company in a research report on Friday, September 14th. National Bank Financial decreased their target price on DHX Media from C$4.00 to C$1.50 and set a sector perform rating for the company in a research report on Friday, September 14th. TD Securities decreased their target price on DHX Media from C$3.75 to C$1.30 and set a hold rating for the company in a research report on Friday, September 14th. Finally, Cormark boosted their target price on DHX Media from C$1.50 to C$1.80 in a research report on Wednesday, September 26th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company presently has an average rating of Hold and a consensus target price of C$2.72.

Shares of DHX Media stock opened at C$3.01 on Wednesday. DHX Media has a one year low of C$1.09 and a one year high of C$3.52. The company has a debt-to-equity ratio of 216.22, a current ratio of 1.65 and a quick ratio of 1.00.

DHX Media (TSE:DHX) last issued its earnings results on Monday, September 24th. The company reported C($0.04) EPS for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.01). The company had revenue of C$97.37 million during the quarter, compared to analyst estimates of C$121.50 million. On average, equities research analysts anticipate that DHX Media will post 0.01 EPS for the current fiscal year.

In related news, Director Deborah Ann Drisdell purchased 15,700 shares of the business’s stock in a transaction on Friday, November 16th. The stock was acquired at an average price of C$2.85 per share, for a total transaction of C$44,745.00. Also, insider Douglas Edward John Lamb purchased 20,000 shares of the business’s stock in a transaction on Thursday, October 11th. The shares were bought at an average price of C$2.15 per share, with a total value of C$43,000.00. Insiders have acquired a total of 96,200 shares of company stock valued at $200,691 in the last quarter.

About DHX Media

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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