LBG Media (LON:LBG) Given “Buy” Rating at Berenberg Bank

LBG Media (LON:LBG)‘s stock had its “buy” rating reiterated by Berenberg Bank in a research note issued on Tuesday,London Stock Exchange reports. They presently have a GBX 170 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 96.14% from the company’s previous close.

LBG Media Price Performance

LBG Media stock opened at GBX 86.67 on Tuesday. The company has a debt-to-equity ratio of 6.88, a current ratio of 2.43 and a quick ratio of 5.33. The stock has a market cap of £181.21 million, a price-to-earnings ratio of 22.81 and a beta of 0.83. The firm has a 50-day moving average of GBX 86.55 and a two-hundred day moving average of GBX 92. LBG Media has a 1 year low of GBX 78.40 and a 1 year high of GBX 126.53.

LBG Media (LON:LBG) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported GBX 5.10 earnings per share for the quarter. LBG Media had a net margin of 8.55% and a return on equity of 10.41%. On average, research analysts forecast that LBG Media will post 8.3434836 earnings per share for the current year.

About LBG Media

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, Youtube and TikTok) and has built multiple websites to reach new audiences and drive engagement.