LBG Media (LON:LBG) Stock Price Up 1.1% - What's Next?

Key Points

• LBG Media plc shares saw a 1.1% increase, with the stock last trading at GBX 96 ($1.30), amidst significantly lower trading volume.
• Berenberg Bank has maintained a "buy" rating for LBG Media, setting a price target of GBX 170 ($2.31).
• The company reported a quarterly EPS of GBX 3 ($0.04), with expected earnings per share of approximately 8.34 for the current fiscal year.

LBG Media plc (LON:LBG - Get Free Report) shares rose 1.1% during trading on Wednesday . The stock traded as high as GBX 97.30 ($1.32) and last traded at GBX 96 ($1.30). Approximately 14,143 shares changed hands during trading, a decline of 92% from the average daily volume of 187,721 shares. The stock had previously closed at GBX 95 ($1.29).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 170 ($2.31) price target on shares of LBG Media in a report on Wednesday, June 25th.

LBG Media Trading Up 1.1%

The company has a debt-to-equity ratio of 6.88, a quick ratio of 5.33 and a current ratio of 2.43. The company has a 50 day moving average of GBX 98.04 and a two-hundred day moving average of GBX 100.22. The stock has a market cap of £202.61 million, a PE ratio of 29.64 and a beta of 0.83.

LBG Media (LON:LBG - Get Free Report) last posted its quarterly earnings data on Tuesday, June 24th. The company reported GBX 3 ($0.04) EPS for the quarter. LBG Media had a return on equity of 10.41% and a net margin of 8.55%. Sell-side analysts anticipate that LBG Media plc will post 8.3434836 earnings per share for the current fiscal 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).

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