Royal Bank of Canada Issues Positive Forecast for WildBrain (TSE:WILD) Stock Price

WildBrain (TSE:WILD) had its price target increased by Royal Bank of Canada from C$2.00 to C$2.50 in a research note issued to investors on Thursday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, National Bankshares boosted their price objective on shares of WildBrain from C$1.50 to C$1.75 and gave the company a “sector perform” rating in a research report on Wednesday.

WildBrain Stock Up 2.7 %

Shares of TSE WILD opened at C$1.91 on Thursday. The company has a quick ratio of 0.88, a current ratio of 1.70 and a debt-to-equity ratio of -811.30. WildBrain has a 52 week low of C$0.77 and a 52 week high of C$1.94. The firm’s fifty day moving average is C$1.53 and its 200 day moving average is C$1.34. The company has a market cap of C$400.85 million, a price-to-earnings ratio of -2.22, a PEG ratio of 6.85 and a beta of 0.87.

Insider Buying and Selling at WildBrain

In other WildBrain news, insider Fine Capital Partners, L.P. bought 69,650 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were purchased at an average price of C$1.57 per share, for a total transaction of C$109,553.32. In the last ninety days, insiders have purchased 404,890 shares of company stock valued at $647,687. 1.32% of the stock is currently owned by company insiders.

WildBrain Company Profile

WildBrain Ltd. engages in the development, production, and distribution of films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through three segments: Content and Licensing; Global Licensing; and Canadian Television Broadcasting. It focuses on children’s and family content, including animated series; provides content production and distribution services; and sells advertising ad-supported video-on-demand (AVOD) platforms.