National Bankshares Forecasts Strong Price Appreciation for WildBrain (TSE:WILD) Stock

Key Points

• National Bankshares has raised its price target for WildBrain (TSE:WILD) from C$1.75 to C$2.25, indicating a potential upside of 13.64% from the current price.
• WildBrain stock traded at C$1.98 with a market capitalization of C$420.38 million and a twelve-month price range between C$0.93 and C$2.23.
• WildBrain is known for its global children's content, owning popular franchises like Peanuts and Inspector Gadget, and generates revenue through licensing and consumer products.

WildBrain (TSE:WILD - Get Free Report) had its price objective raised by stock analysts at National Bankshares from C$1.75 to C$2.25 in a research report issued on Monday,BayStreet.CA reports. The firm currently has a "sector perform" rating on the stock. National Bankshares' target price would suggest a potential upside of 13.64% from the company's current price.

WildBrain Price Performance

WildBrain stock traded up C$0.05 during mid-day trading on Monday, hitting C$1.98. The company's stock had a trading volume of 46,950 shares, compared to its average volume of 50,395. The company has a quick ratio of 0.88, a current ratio of 1.70 and a debt-to-equity ratio of -811.30. WildBrain has a twelve month low of C$0.93 and a twelve month high of C$2.23. The stock has a market capitalization of C$420.38 million, a P/E ratio of -2.30, a P/E/G ratio of 6.85 and a beta of 0.06. The stock's fifty day moving average price is C$1.96 and its two-hundred day moving average price is C$1.93.

About WildBrain

WildBrain Ltd is a children's content and brands company, recognized globally for properties such as Peanuts, Strawberry Shortcake, Caillou, Inspector Gadget, and Degrassi franchise. The company owns the independent library of children's content. It licenses its content to broadcasters and streaming services worldwide and generates royalties through its consumer products program.

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