DHX Media (NASDAQ:DHXM)‘s stock had its “outperform” rating reissued by analysts at RBC Capital Markets in a research report issued on Friday. They currently have a $10.00 price target on the stock. RBC Capital Markets’ target price would suggest a potential upside of 96.08% from the company’s previous close.

DHXM has been the subject of several other research reports. TD Securities reiterated a “buy” rating and issued a $9.00 price target (down previously from $9.50) on shares of DHX Media in a report on Friday, September 30th. Scotiabank reiterated an “outperform” rating and issued a $9.00 price target on shares of DHX Media in a report on Friday, September 30th. Finally, National Bank Financial upgraded shares of DHX Media from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $8.00 to $8.50 in a report on Thursday, November 10th. Seven analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of $9.58.

Analyst Recommendations for DHX Media (NASDAQ:DHXM)

DHX Media (NASDAQ:DHXM) opened at 5.10 on Friday. The company has a 50-day moving average of $5.09 and a 200 day moving average of $5.35. DHX Media has a one year low of $4.56 and a one year high of $7.40. The company has a market cap of $682.33 million and a P/E ratio of 41.13.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Investors of record on Tuesday, November 29th will be issued a dividend of $0.0134 per share. This represents a $0.05 annualized dividend and a yield of 1.05%. The ex-dividend date is Friday, November 25th.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Pembroke Management LTD boosted its position in shares of DHX Media by 0.7% in the second quarter. Pembroke Management LTD now owns 1,696,660 shares of the company’s stock valued at $11,231,000 after buying an additional 12,500 shares during the last quarter. FMR LLC boosted its position in shares of DHX Media by 8.4% in the second quarter. FMR LLC now owns 779,710 shares of the company’s stock valued at $3,995,000 after buying an additional 60,560 shares during the last quarter. Sprott Inc. boosted its position in shares of DHX Media by 42.4% in the second quarter. Sprott Inc. now owns 712,000 shares of the company’s stock valued at $3,660,000 after buying an additional 212,000 shares during the last quarter. Diker Management LLC boosted its position in shares of DHX Media by 2.6% in the third quarter. Diker Management LLC now owns 181,400 shares of the company’s stock valued at $950,000 after buying an additional 4,600 shares during the last quarter. Finally, Cidel Asset Management Inc. boosted its position in shares of DHX Media by 20.6% in the third quarter. Cidel Asset Management Inc. now owns 91,200 shares of the company’s stock valued at $478,000 after buying an additional 15,600 shares during the last quarter.

DHX Media Company Profile

DHX Media Ltd. is a creator, producer, distributor, licensor and broadcaster of kids and family television and film productions. The Company develops, produces and distributes films and television programs for the domestic and international market, broadcasts films and television programs for the domestic markets, as well, the Company manages copyrights, licensing and brands for third parties.

5 Day Chart for NASDAQ:DHXM

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