XLMedia’s (XLM) “Buy” Rating Reiterated at Berenberg Bank

XLMedia (LON:XLM)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday. They currently have a GBX 290 ($4.01) price target on the stock. Berenberg Bank’s target price points to a potential upside of 60.04% from the stock’s current price.

XLMedia (XLM) opened at GBX 181.20 ($2.50) on Tuesday. XLMedia has a one year low of GBX 100 ($1.38) and a one year high of GBX 224.92 ($3.11). The company has a market cap of $399.49 and a PE ratio of 1,647.27.

In other XLMedia news, insider Ory Weihs acquired 27,322 shares of XLMedia stock in a transaction dated Friday, February 2nd. The stock was bought at an average cost of GBX 181 ($2.50) per share, for a total transaction of £49,452.82 ($68,323.87). Over the last 90 days, insiders have bought 82,152 shares of company stock valued at $14,881,322.

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About XLMedia

XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.

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