WildBrain (TSE:WILD) Stock Price Expected to Rise, Royal Bank of Canada Analyst Says

WildBrain (TSE:WILD) had its target price hoisted by analysts at Royal Bank of Canada from C$2.00 to C$2.50 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 31.58% from the stock’s current price.

Separately, National Bankshares upped their price target on shares of WildBrain from C$1.50 to C$1.75 and gave the stock a “sector perform” rating in a report on Wednesday.

WildBrain Trading Down 0.5 %

Shares of TSE WILD opened at C$1.90 on Thursday. The company has a debt-to-equity ratio of -811.30, a quick ratio of 0.88 and a current ratio of 1.70. The business’s 50 day moving average price is C$1.57 and its 200-day moving average price is C$1.35. WildBrain has a fifty-two week low of C$0.77 and a fifty-two week high of C$1.96. The company has a market cap of C$398.76 million, a price-to-earnings ratio of -2.20, a PEG ratio of 6.85 and a beta of 0.87.

Insider Buying and Selling at WildBrain

In other news, insider Fine Capital Partners, L.P. purchased 271,100 shares of the business’s stock in a transaction on Monday, December 30th. The shares were acquired at an average cost of C$1.63 per share, with a total value of C$442,031.80. Insiders have purchased 404,890 shares of company stock worth $647,687 over the last quarter. Insiders own 1.32% of the company’s stock.

About WildBrain

WildBrain Ltd. engages in the development, production, and distribution of films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through three segments: Content and Licensing; Global Licensing; and Canadian Television Broadcasting. It focuses on children’s and family content, including animated series; provides content production and distribution services; and sells advertising ad-supported video-on-demand (AVOD) platforms.