Berenberg Bank Reiterates “Buy” Rating for LBG Media (LON:LBG)

LBG Media (LON:LBG)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a report issued on Wednesday,Digital Look reports. They presently have a GBX 170 ($2.32) price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 64.23% from the stock’s current price.

LBG Media Price Performance

LON LBG opened at GBX 103.52 ($1.41) on Wednesday. The company has a debt-to-equity ratio of 6.88, a current ratio of 2.43 and a quick ratio of 5.33. The firm has a market capitalization of £218.47 million, a price-to-earnings ratio of 31.96 and a beta of 0.83. The company has a 50 day simple moving average of GBX 92.78 and a 200-day simple moving average of GBX 107.29. LBG Media has a 52-week low of GBX 81 ($1.11) and a 52-week high of GBX 146 ($1.99).

LBG Media (LON:LBG) last released its earnings results on Tuesday, June 24th. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. LBG Media had a net margin of 8.55% and a return on equity of 10.41%. Equities research analysts predict that LBG Media will post 8.3434836 earnings per share for the current fiscal year.

LBG Media Company Profile

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality).