WildBrain (TSE:WILD) Lowered to Hold at Canaccord Genuity Group

Canaccord Genuity Group lowered shares of WildBrain (TSE:WILD - Free Report) from a speculative buy rating to a hold rating in a research note issued to investors on Monday morning, BayStreet.CA reports. They currently have C$1.00 target price on the stock, down from their prior target price of C$2.00.

WILD has been the topic of several other reports. National Bankshares cut their price target on shares of WildBrain from C$1.40 to C$1.20 and set a sector perform rating on the stock in a research report on Monday. Benchmark reduced their price target on WildBrain from C$4.00 to C$3.00 in a research report on Monday, February 12th. Finally, Royal Bank of Canada decreased their price target on WildBrain from C$2.50 to C$2.00 and set a sector perform rating for the company in a research note on Tuesday, February 6th.

WildBrain Stock Up 3.0 %

Shares of TSE WILD traded up C$0.03 during midday trading on Monday, reaching C$1.02. The company's stock had a trading volume of 73,654 shares, compared to its average volume of 57,196. WildBrain has a fifty-two week low of C$0.96 and a fifty-two week high of C$2.23. The stock has a 50 day simple moving average of C$1.13 and a 200-day simple moving average of C$1.18. The stock has a market capitalization of C$209.99 million, a price-to-earnings ratio of -4.86, a PEG ratio of 6.85 and a beta of 0.83. The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 182.21.

WildBrain Company Profile

WildBrain Ltd. develops, produces, and distributes films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through two segments, Content and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; provides content production and distribution services; and operates children's ad-supported video-on-demand (AVOD) channels on YouTube and other AVOD platforms.