DHX Media (TSE:DHX) had its price target dropped by analysts at CIBC from C$3.00 to C$2.00 in a report issued on Wednesday. CIBC’s price target points to a potential downside of 0.50% from the company’s current price.

Several other equities analysts have also recently issued reports on the company. Cormark boosted their target price on DHX Media from C$1.50 to C$1.80 in a research report on Wednesday. TD Securities dropped their target price on DHX Media from C$3.75 to C$1.30 and set a “hold” rating on the stock in a research report on Friday, September 14th. National Bank Financial dropped their target price on DHX Media from C$4.00 to C$1.50 and set a “sector perform” rating on the stock in a research report on Friday, September 14th. Royal Bank of Canada dropped their target price on DHX Media from C$4.00 to C$2.00 and set a “sector perform” rating on the stock in a research report on Friday, September 14th. Finally, Echelon Wealth Partners cut DHX Media from a “buy” rating to a “speculative buy” rating and dropped their target price for the stock from C$5.75 to C$3.75 in a research report on Friday, September 14th. Five analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average target price of C$2.01.

TSE DHX opened at C$2.01 on Wednesday. DHX Media has a 12-month low of C$1.09 and a 12-month high of C$3.52.

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. It operates through three segments: Content Business, DHX Television Ltd., and Copyright Promotions Licensing Group.

Featured Story: What strategies should day traders use to execute a trade?

Analyst Recommendations for DHX Media (TSE:DHX)

Receive News & Ratings for DHX Media Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DHX Media and related companies with MarketBeat.com's FREE daily email newsletter.