Scotiabank Cuts DHX Media (DHX.B) Price Target to C$3.50
DHX Media (TSE:DHX.B) had its price target decreased by investment analysts at Scotiabank from C$4.50 to C$3.50 in a research report issued to clients and investors on Tuesday. The firm presently has a “sector perform” rating on the stock. Scotiabank’s price objective suggests a potential downside of 1.13% from the stock’s previous close.
DHX.B has been the topic of several other research reports. BMO Capital Markets cut their price objective on DHX Media from C$5.50 to C$5.00 and set a “market perform” rating on the stock in a report on Wednesday, February 14th. National Bank Financial cut their price objective on DHX Media from C$5.75 to C$4.75 and set a “sector perform” rating on the stock in a report on Monday, March 26th. CIBC cut their price objective on DHX Media from C$4.50 to C$4.00 in a report on Tuesday. Finally, TD Securities cut their price objective on DHX Media from C$5.00 to C$3.75 and set a “hold” rating on the stock in a report on Tuesday. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of C$4.82.
DHX Media opened at C$3.54 on Tuesday, according to MarketBeat. DHX Media has a 1 year low of C$3.74 and a 1 year high of C$7.33.
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