DHX Media Ltd VV (DHX – Research 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.
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.