Berenberg Bank Reiterates Buy Rating for XLMedia (XLM)

XLMedia (LON:XLM)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a note issued to investors on Thursday. They currently have a GBX 220 ($2.96) target price on the stock. Berenberg Bank’s target price indicates a potential upside of 8.37% from the company’s current price.

Shares of XLMedia (XLM) opened at GBX 203 ($2.73) on Thursday. XLMedia has a 12-month low of GBX 85.10 ($1.15) and a 12-month high of GBX 204.92 ($2.76).

In other XLMedia news, insider Ory Weihs purchased 148,148 shares of XLMedia stock in a transaction on Monday, September 11th. The shares were purchased at an average cost of GBX 135 ($1.82) per share, with a total value of £199,999.80 ($269,178.73). Over the last ninety days, insiders have acquired 308,540 shares of company stock worth $44,800,560.

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XLMedia Company Profile

XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.

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