Rhythmone PLC (LON:BLNX) was upgraded by Numis Securities Ltd to an “add” rating in a research note issued on Tuesday, StockTargetPrices.com reports. The firm presently has a GBX 42 ($0.52) price target on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 52.73% from the stock’s current price.
Separately, Citigroup Inc. restated a “neutral” rating on shares of Rhythmone PLC in a report on Wednesday, June 15th.
Shares of Rhythmone PLC (LON:BLNX) opened at 27.50 on Tuesday. The firm’s 50-day moving average is GBX 21.25 and its 200-day moving average is GBX 20.23. Rhythmone PLC has a one year low of GBX 14.75 and a one year high of GBX 31.25.
Rhythmone PLC Company Profile
RhythmOne plc, formerly blinkx plc, is an online advertising company that connects digital audiences with brands through content across devices. The Company is engaged in offering online advertising through a range of formats and pricing options that include video, mobile, social, display, native, text and media covering brand, and performance advertising campaigns, sold both directly and programmatically.
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