Rhythmone PLC (BLNX) Upgraded to Add at Numis Securities Ltd
Rhythmone PLC (LON:BLNX) was upgraded by equities researchers at Numis Securities Ltd to an “add” rating in a research note issued to investors on Tuesday, StockTargetPrices.com reports. The brokerage presently has a GBX 42 ($0.52) price objective on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 52.73% from the stock’s previous close.
Separately, Citigroup Inc. reiterated a “neutral” rating on shares of Rhythmone PLC in a research report on Wednesday, June 15th.
Shares of Rhythmone PLC (LON:BLNX) traded up 8.91% during trading on Tuesday, reaching GBX 27.50. The company’s stock had a trading volume of 4,193,879 shares. Rhythmone PLC has a one year low of GBX 14.75 and a one year high of GBX 31.25. The stock’s 50 day moving average is GBX 21.25 and its 200 day moving average is GBX 20.23.
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Rhythmone PLC Company Profile
RhythmOne plc, formerly blinkx plc, is an online advertising company that connects digital audiences with brands through content across devices. The Company is engaged in offering online advertising through a range of formats and pricing options that include video, mobile, social, display, native, text and media covering brand, and performance advertising campaigns, sold both directly and programmatically.
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