Mediagrif Interactive Technologies (MDF) Downgraded to “Hold” at Desjardins

Mediagrif Interactive Technologies (TSE:MDF) was downgraded by analysts at Desjardins from a “buy” rating to a “hold” rating in a report released on Wednesday. Desjardins also issued estimates for Mediagrif Interactive Technologies’ Q1 2019 earnings at $0.18 EPS, Q2 2019 earnings at $0.18 EPS, Q3 2019 earnings at $0.18 EPS, Q4 2019 earnings at $0.19 EPS and FY2019 earnings at $0.73 EPS.

Separately, Laurentian lowered their price objective on Mediagrif Interactive Technologies from C$14.00 to C$12.00 in a research report on Wednesday, February 14th.

Mediagrif Interactive Technologies opened at C$11.02 on Wednesday, MarketBeat reports. Mediagrif Interactive Technologies has a 1 year low of C$9.69 and a 1 year high of C$16.22.

In other news, insider De Solidarit√© Ftq Fonds bought 106,400 shares of the firm’s stock in a transaction that occurred on Thursday, April 26th. The stock was purchased at an average cost of C$10.50 per share, with a total value of C$1,117,200.00. Over the last three months, insiders purchased 138,800 shares of company stock valued at $1,467,944.

About Mediagrif Interactive Technologies

Mediagrif Interactive Technologies Inc, through its subsidiaries, provides e-commerce solutions to private sector businesses, public sector organizations, and consumers in Canada, the United States, Asia, Europe, and internationally. Its e-business networks and solutions allow buyers and sellers to find, purchase, and sell products and services; help contractors and vendors access information on business opportunities from the government and private sectors; and offer professionals with automated and integrated business solutions to streamline the supply chain.

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