Rhythmone PLC (BLNX) Upgraded to “Add” by Numis Securities Ltd
Rhythmone PLC (LON:BLNX) was upgraded by analysts at Numis Securities Ltd to an “add” rating in a report released on Tuesday, StockTargetPrices.com reports. The firm presently has a GBX 42 ($0.52) price objective on the stock. Numis Securities Ltd’s price target indicates a potential upside of 52.73% from the company’s previous close.
Separately, Citigroup Inc. reaffirmed a “neutral” rating on shares of Rhythmone PLC in a research report on Wednesday, June 15th.
Rhythmone PLC (LON:BLNX) traded up 8.91% during mid-day trading on Tuesday, reaching GBX 27.50. The company had a trading volume of 4,193,879 shares. The stock has a 50 day moving average price of GBX 21.25 and a 200 day moving average price of GBX 20.23. Rhythmone PLC has a one year low of GBX 14.75 and a one year high of GBX 31.25.
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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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