LBG Media’s (LBG) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of LBG Media (LON:LBG) in a report published on Wednesday,Digital Look reports. The brokerage currently has a GBX 50 price target on the stock.

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 50 target price on shares of LBG Media in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating. According to data from MarketBeat, LBG Media presently has an average rating of “Buy” and an average price target of GBX 50.

LBG Media Stock Performance

LON:LBG opened at GBX 33.40 on Wednesday. The company has a 50-day moving average of GBX 31.03 and a 200-day moving average of GBX 45.36. The firm has a market cap of £69.83 million, a price-to-earnings ratio of 12.37 and a beta of 0.58. The company has a current ratio of 3.27, a quick ratio of 5.33 and a debt-to-equity ratio of 3.88. LBG Media has a twelve month low of GBX 20.68 and a twelve month high of GBX 95.

About LBG Media

LBG Media is a multi-brand, multi-channel digital youth publisher and is a leading disrupter in the digital media and social publishing sectors. The Group produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience (virtual and augmented reality). Since its inception in 2012, the Group has curated a diverse collection of ten core specialist brands using social media platforms (primarily Facebook, Instagram, Snapchat, Twitter, Youtube and TikTok) and has built multiple websites to reach new audiences and drive engagement.