WildBrain (TSE:WILD) Stock Price Target Raised at ATB Cormark Capital Markets

Key Points

• ATB Cormark raised WildBrain’s price target to C$1.45 from C$1.35 while maintaining a “sector perform” rating, implying 14.17% upside from the current price.
• Royal Bank of Canada cut its target to C$1.50, and analyst sentiment remains neutral: all three covering analysts rate WildBrain “Hold,” with a consensus target of C$1.65.
• WildBrain shares closed at C$1.27 after declining C$0.03, below both their 50-day and 200-day moving averages. The company reported quarterly revenue of C$54.97 million and a loss of C$0.05 per share.

WildBrain (TSE:WILD - Get Free Report) had its price objective hoisted by equities researchers at ATB Cormark Capital Markets from C$1.35 to C$1.45 in a research note issued on Thursday, BayStreet reports. The firm currently has a "sector perform" rating on the stock. ATB Cormark Capital Markets's target price points to a potential upside of 14.17% from the stock's current price.

Separately, Royal Bank Of Canada dropped their price objective on WildBrain from C$2.00 to C$1.50 and set a "sector perform" rating for the company in a research report on Thursday, October 1st. Three analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, WildBrain presently has a consensus rating of "Hold" and an average target price of C$1.65.

WildBrain Price Performance

TSE WILD traded down C$0.03 on Thursday, hitting C$1.27. 32,575 shares of the company's stock were exchanged, compared to its average volume of 107,109. The stock has a 50-day moving average of C$1.45 and a 200-day moving average of C$1.38. The company has a current ratio of 1.84, a quick ratio of 0.88 and a debt-to-equity ratio of 23.14. WildBrain has a 52 week low of C$1.06 and a 52 week high of C$2.23. The stock has a market cap of C$269.28 million, a price-to-earnings ratio of 0.73, a P/E/G ratio of 6.85 and a beta of -0.74.

WildBrain (TSE:WILD - Get Free Report) last issued its earnings results on Thursday, September 24th. The company reported C($0.05) earnings per share for the quarter. WildBrain had a net margin of 117.80% and a return on equity of 478.35%. The business had revenue of C$54.97 million during the quarter. Analysts expect that WildBrain will post 0.04 earnings per share for the current year.

WildBrain Company Profile

At WildBrain we inspire imaginations through the wonder of storytelling. A leader in 360° franchise management-spanning Content Creation, Audience Engagement and Global Licensing-our mission is to cultivate and grow love for our own and partner brands through exceptional entertainment experiences. Home to such franchises as Peanuts, Teletubbies, Strawberry Shortcake, Yo Gabba Gabba!, Inspector Gadget and Degrassi, we produce such acclaimed series as The Snoopy Show,¿Snoopy in Space,¿Camp Snoopy, Teletubbies Let's Go!, Yo Gabba GabbaLand!, Sonic Prime and Strawberry Shortcake: Berry in the Big City.

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