LBG Media (LON:LBG) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of LBG Media (LON:LBG) in a report issued on Wednesday morning,London Stock Exchange reports. They currently have a GBX 170 price objective on the stock.

LBG Media Price Performance

Shares of LON LBG opened at GBX 88.88 on Wednesday. LBG Media has a twelve month low of GBX 81 and a twelve month high of GBX 143.40. The stock’s 50 day moving average price is GBX 97.79 and its 200-day moving average price is GBX 96.09. The company has a market capitalization of £185.83 million, a PE ratio of 23.39 and a beta of 0.83. The company has a quick ratio of 5.33, a current ratio of 2.43 and a debt-to-equity ratio of 6.88.

About LBG Media

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).