Blinkx Plc Stock Rating Reaffirmed by Numis Securities Ltd (BLNX)
Blinkx Plc (LON:BLNX)‘s stock had its “buy” rating reaffirmed by analysts at Numis Securities Ltd in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. They currently have a GBX 217 ($3.64) price target on the stock. Numis Securities Ltd’s target price points to a potential upside of 162.20% from the stock’s previous close.
A number of other analysts have also recently weighed in on BLNX. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Blinkx Plc in a research note on Tuesday, April 1st. They now have a GBX 175 ($2.94) price target on the stock. Separately, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Blinkx Plc in a research note on Tuesday, March 11th. They now have a GBX 340 ($5.71) price target on the stock. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 214.40 ($3.60).
Shares of Blinkx Plc (LON:BLNX) traded down 0.59% during mid-day trading on Friday, hitting GBX 82.76. 4,615,101 shares of the company’s stock traded hands. Blinkx Plc has a 52 week low of GBX 77.75 and a 52 week high of GBX 234.75. The stock has a 50-day moving average of GBX 94.53 and a 200-day moving average of GBX 150.8.
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.