Scotiabank 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 stock analysts at Scotiabank in a research report issued on Wednesday. They presently have a C$9.00 target price on the stock.
A number of other equities analysts have also recently issued reports on DHX.B. TD Securities restated a “buy” rating and issued a C$9.50 target price on shares of Dhx Media Ltd Class B in a report on Thursday, September 1st. Royal Bank Of Canada restated an “outperform” rating on shares of Dhx Media Ltd Class B in a report on Wednesday. Finally, National Bank Financial lifted 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. Five investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of C$9.50.
The firm also recently announced a quarterly dividend, which was paid on Friday, October 21st. Stockholders of record on Friday, October 21st were given a $0.018 dividend. This represents a $0.07 annualized dividend and a dividend yield of Infinity. The ex-dividend date was Thursday, October 6th. This is a boost from Dhx Media Ltd Class B’s previous quarterly dividend of $0.02.
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