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 reiterated by equities research analysts at Scotiabank in a note issued to investors on Tuesday. They currently have a C$9.00 price objective on the stock.
Several other research firms have also commented on DHX.B. Royal Bank Of Canada restated an “outperform” rating and set a C$10.00 price target on shares of Dhx Media Ltd Class B in a research report on Tuesday. TD Securities lowered their price target on Dhx Media Ltd Class B from C$9.50 to C$9.00 and set a “buy” rating for the company in a research report on Thursday, September 29th. Finally, National Bank Financial raised their price target on Dhx Media Ltd Class B from C$8.00 to C$8.50 and gave the stock an “outperform” rating in a research report on Wednesday, November 9th. Five analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and a consensus target price of C$9.50.
The business also recently announced a quarterly dividend, which was paid on Friday, October 21st. Investors of record on Friday, October 21st were issued a $0.018 dividend. The ex-dividend date of this dividend was Thursday, October 6th. This is a positive change from Dhx Media Ltd Class B’s previous quarterly dividend of $0.02. This represents a $0.07 dividend on an annualized basis and a yield of Infinity.
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