Blinkx Given “Buy” Rating at Numis Securities Ltd (BLNX)
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.