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Blinkx (LON:BLNX)‘s stock had its “buy” rating reiterated by analysts at Numis Securities Ltd in a research report issued to clients and investors on Friday, Analyst Ratings News reports. They currently have a GBX 255 ($4.20) price target on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 97.99% from the company’s current price.

A number of other analysts have also recently weighed in on BLNX. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Blinkx in a research note to investors on Monday. They now have a GBX 245 ($4.04) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of Blinkx in a research note to investors on Tuesday, January 14th. They now have a GBX 340 ($5.60) price target on the stock. Finally, analysts at Jefferies Group downgraded shares of Blinkx to a “hold” rating in a research note to investors on Tuesday, January 14th. They now have a GBX 190 ($3.13) price target on the stock. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 236 ($3.89).

Shares of Blinkx (LON:BLNX) traded up 8.46% during mid-day trading on Friday, hitting GBX 128.7918. 31,309,128 shares of the company’s stock traded hands. Blinkx has a 1-year low of GBX 59.00 and a 1-year high of GBX 234.75. The stock has a 50-day moving average of GBX 192.9 and a 200-day moving average of GBX 167.4.

Blinkx Plc is a holding company. The principal activity of the Company, along with its subsidiaries, consists of the provision of video search and advertising services on the Internet.

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