DHX Media Ltd VV (DHX) Gets a Sell Rating from GMP FirstEnergy

DHX Media Ltd VV (DHXResearch Report), the Services sector company, has received a rating update from a Wall Street analyst on May 14. GMP FirstEnergy’s analyst Deepak Kaushal reiterates their Sell rating on the shares, with a C$0.99 price target.

According to TipRanks.com, Kaushal is a 3-star analyst with an average return of 2.2% and a 56.6% success rate. Kaushal covers the Technology sector, focusing on stocks such as Drone Delivery Canada Corp, Enghouse Systems Limited, and CGI Group.

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Currently, the analyst consensus on DHX Media Ltd VV is a Moderate Buy with an average price target of C$2.83.

Based on DHX Media Ltd VV’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of C$17.94 million. In comparison, last year the company had a GAAP net loss of C$8.01 million.

DHX Media Ltd. is engages in developing, producing, distributing, broadcasting, and exploiting the rights for television and film programming and brands. It operates through the following segments: Content Business, DHX Television, and Consumer Products Represented.

The company’s shares closed on Thursday at C$1.73.

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