Dhx Media Ltd Class B (DHX.B) Price Target Cut to C$5.50 by Analysts at TD Securities

Dhx Media Ltd Class B (TSE:DHX.B) had its price target lowered by TD Securities from C$6.00 to C$5.50 in a research note released on Wednesday. The brokerage currently has a hold rating on the stock.

A number of other equities analysts also recently weighed in on the stock. B. Riley raised their target price on shares of Dhx Media Ltd Class B from C$8.50 to C$10.00 in a research note on Tuesday, October 3rd. Scotiabank decreased their target price on shares of Dhx Media Ltd Class B from C$7.00 to C$5.50 and set a sector perform rating for the company in a research note on Friday, September 29th. National Bank Financial downgraded shares of Dhx Media Ltd Class B from an outperform rating to a sector perform rating and decreased their target price for the company from C$8.25 to C$5.75 in a research note on Friday, September 29th. CIBC decreased their target price on shares of Dhx Media Ltd Class B from C$7.50 to C$5.00 in a research note on Friday, September 29th. Finally, BMO Capital Markets decreased their target price on shares of Dhx Media Ltd Class B from C$7.00 to C$5.50 and set a market perform rating for the company in a research note on Friday, September 29th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of C$6.53.

Dhx Media Ltd Class B (TSE DHX.B) opened at C$3.95 on Wednesday. Dhx Media Ltd Class B has a one year low of C$3.81 and a one year high of C$7.33.

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The business also recently announced a quarterly dividend, which was paid on Wednesday, October 25th. Investors of record on Wednesday, October 25th were issued a $0.02 dividend. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.08 annualized dividend and a yield of 2.03%. This is a boost from Dhx Media Ltd Class B’s previous quarterly dividend of $0.02.

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