LBG Media's (LBG) "Buy" Rating Reiterated at Berenberg Bank

Key Points

• Berenberg Bank reiterated its "buy" rating for LBG Media, setting a target price of GBX 170, indicating a potential upside of 82.40% from its current price.
• LBG Media's stock recently fell by 4.4%, closing at GBX 93.20, with a market capitalization of £194.86 million.
• The company is a leading digital youth publisher, engaged in producing and distributing various types of digital content, including video and augmented reality experiences.

LBG Media (LON:LBG - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at Berenberg Bank in a research report issued on Wednesday,London Stock Exchange reports. They currently have a GBX 170 target price on the stock. Berenberg Bank's target price suggests a potential upside of 82.40% from the company's current price.

LBG Media Stock Down 4.4%

LBG traded down GBX 4.30 during trading on Wednesday, hitting GBX 93.20. The stock had a trading volume of 168,956 shares, compared to its average volume of 160,322. The company has a market capitalization of £194.86 million, a PE ratio of 24.53 and a beta of 0.83. LBG Media has a twelve month low of GBX 81 and a twelve month high of GBX 143.40. 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 stock has a 50 day simple moving average of GBX 97.85 and a two-hundred day simple moving average of GBX 96.11.

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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