Berenberg Bank restated their buy rating on shares of XLMedia PLC (LON:XLM) in a report issued on Monday morning. The brokerage currently has a GBX 170 ($2.20) target price on the stock.

XLMedia PLC (XLM) opened at 142.00 on Monday. The stock has a 50 day moving average of GBX 132.30 and a 200-day moving average of GBX 122.63. XLMedia PLC has a one year low of GBX 80.50 and a one year high of GBX 145.00. The company’s market cap is GBX 280.73 million.

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In other XLMedia PLC news, insider Ory Weihs purchased 148,148 shares of XLMedia PLC stock in a transaction that occurred on Monday, September 11th. The shares were bought at an average price of GBX 135 ($1.74) per share, for a total transaction of £199,999.80 ($258,297.56).

XLMedia PLC Company Profile

XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.

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