Rhythmone PLC (LON:BLNX) was upgraded by analysts at Numis Securities Ltd to an “add” rating in a research note issued to investors on Tuesday. The brokerage currently has a GBX 42 ($0.52) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 52.73% from the company’s current price.

Separately, Citigroup Inc. restated a “neutral” rating on shares of Rhythmone PLC in a report on Wednesday, June 15th.

Rhythmone PLC (LON:BLNX) traded up 8.91% during mid-day trading on Tuesday, reaching GBX 27.50. The company’s stock had a trading volume of 4,193,879 shares. Rhythmone PLC has a 52-week low of GBX 14.75 and a 52-week high of GBX 31.25. The company has a 50 day moving average of GBX 21.25 and a 200-day moving average of GBX 20.23.

About Rhythmone PLC

RhythmOne plc, formerly blinkx plc, is an online advertising company that connects digital audiences with brands through content across devices. The Company is engaged in offering online advertising through a range of formats and pricing options that include video, mobile, social, display, native, text and media covering brand, and performance advertising campaigns, sold both directly and programmatically.

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