DHX Media Ltd. (DHX) Director Purchases C$18,100.00 in Stock

DHX Media Ltd. (TSE:DHX) Director David Cameron Colville acquired 10,000 shares of DHX Media stock in a transaction that occurred on Thursday, September 27th. The shares were purchased at an average cost of C$1.81 per share, for a total transaction of C$18,100.00.

DHX stock traded up C$0.21 on Thursday, hitting C$2.01. 1,387,377 shares of the company were exchanged, compared to its average volume of 913,651. DHX Media Ltd. has a twelve month low of C$1.09 and a twelve month high of C$3.52.

Several brokerages recently issued reports on DHX. TD Securities reduced their price objective on shares of DHX Media from C$3.75 to C$1.30 and set a “hold” rating on the stock in a research note on Friday, September 14th. National Bank Financial reduced their price objective on shares of DHX Media from C$4.00 to C$1.50 and set a “sector perform” rating on the stock in a research note on Friday, September 14th. BMO Capital Markets reduced their price objective on shares of DHX Media from C$2.50 to C$1.50 in a research note on Wednesday. CIBC reduced their price objective on shares of DHX Media from C$3.00 to C$2.00 in a research note on Wednesday. Finally, Cormark upped their price objective on shares of DHX Media from C$1.50 to C$1.80 in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating, DHX Media currently has an average rating of “Hold” and a consensus price target of C$2.01.

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.

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