Why Berenberg Gives XLMedia Plc (LON:XLM) GBX 130.00 Price Target
Berenberg analyst initiated coverage on XLMedia Plc (LON:XLM) with a GBX 130.00 target and “Buy” rating. The target means a potential upside of 46.07% from company’s previous close.
Out of 2 analysts covering XLMedia Plc (LON:XLM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 130 is the highest target while GBX 111 is the lowest. The GBX 120.50 average target is 35.55% above today’s (GBX 88.9) stock price. XLMedia Plc has been the topic of 8 analyst reports since November 12, 2015 according to StockzIntelligence Inc. Liberum Capital maintained the stock on September 27 with “Buy” rating.
About 73,086 shares traded hands. XLMedia PLC (LON:XLM) has risen 28.52% since March 1, 2016 and is uptrending. It has outperformed by 17.26% the S&P500.
XLMedia PLC is an online performance marketing company. The company has a market cap of 176.67 million GBP. The Firm and its subsidiaries provide digital performance marketing services. It has a 12.01 P/E ratio. It operates through three divisions: Publishing, Media and Partners Network.
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