Berenberg Bank reiterated their buy rating on shares of XLMedia (LON:XLM) in a research note issued to investors on Thursday. The firm currently has a GBX 220 ($2.96) price target on the stock.

Shares of XLMedia (LON:XLM) opened at GBX 206.21 ($2.78) on Thursday. XLMedia has a twelve month low of GBX 85.50 ($1.15) and a twelve month high of GBX 210 ($2.83).

In other XLMedia news, insider Ory Weihs purchased 148,148 shares of the firm’s stock in a transaction dated Monday, September 11th. The shares were acquired at an average price of GBX 135 ($1.82) per share, with a total value of £199,999.80 ($269,178.73). In the last ninety days, insiders bought 308,540 shares of company stock worth $44,800,560.

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XLMedia 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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