Analysts at Berenberg Bank assumed coverage on shares of XLMedia PLC (LON:XLM) in a research note issued to investors on Thursday. The brokerage set a “buy” rating and a GBX 130 ($1.70) price target on the stock. Berenberg Bank’s target price suggests a potential upside of 46.07% from the stock’s previous close.
Separately, Liberum Capital reissued a “buy” rating and issued a GBX 111 ($1.45) price objective on shares of XLMedia PLC in a research note on Tuesday.
Shares of XLMedia PLC (LON:XLM) opened at 89.45 on Thursday. The stock’s market cap is GBX 173.04 million. XLMedia PLC has a 12-month low of GBX 58.22 and a 12-month high of GBX 97.99. The firm has a 50-day moving average price of GBX 86.17 and a 200 day moving average price of GBX 75.10.
The firm also recently disclosed a dividend, which will be paid on Friday, November 4th. Investors of record on Thursday, October 6th will be paid a GBX 0.04 ($0.00) dividend. This is an increase from XLMedia PLC’s previous dividend of $0.02. This represents a yield of 3.26%. The ex-dividend date is Thursday, October 6th.
About XLMedia PLC
XLMedia PLC is an online performance marketing company. The Company and its subsidiaries provide digital performance marketing services. It operates through three segments: Publishing, Media and Partners Network. Its Publishing segment owns over 2,000 informational Websites in approximately 17 languages.
Receive News & Ratings for XLMedia PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XLMedia PLC and related companies with MarketBeat.com's FREE daily email newsletter.