Royal Bank Of Canada Reiterates Outperform Rating for Dhx Media Ltd Class B (DHX.B)
Dhx Media Ltd Class B (TSE:DHX.B)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Royal Bank Of Canada in a research note issued on Wednesday.
Several other research analysts also recently commented on the company. National Bank Financial boosted their target price on Dhx Media Ltd Class B from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a report on Wednesday. TD Securities reduced their target price on Dhx Media Ltd Class B from C$9.50 to C$9.00 and set a “buy” rating on the stock in a report on Thursday, September 29th. Finally, Scotiabank reissued an “outperform” rating and issued a C$9.00 target price on shares of Dhx Media Ltd Class B in a report on Thursday, September 29th. Five research analysts have rated the stock with a buy rating, Dhx Media Ltd Class B presently has an average rating of “Buy” and an average target price of C$9.50.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 21st. Shareholders of record on Friday, October 21st were issued a dividend of $0.018 per share. This is an increase from Dhx Media Ltd Class B’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, October 6th. This represents a $0.07 annualized dividend and a yield of Infinity.
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