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Brokerages Set WildBrain Ltd. (OTCMKTS:WLDBF) Target Price at $4.00

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Shares of WildBrain Ltd. (OTCMKTS:WLDBF – Get Rating) have been assigned a consensus recommendation of "Moderate Buy" from the eight brokerages that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $4.00.

Separately, Canaccord Genuity Group dropped their price target on WildBrain from C$3.90 to C$3.50 and set a "buy" rating on the stock in a research note on Tuesday, May 10th.

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WildBrain Stock Performance

OTCMKTS:WLDBF opened at $1.88 on Wednesday. The stock's 50-day moving average is $1.98 and its 200-day moving average is $2.31. WildBrain has a 1-year low of $1.76 and a 1-year high of $3.34.

WildBrain Company Profile

(Get Rating)

WildBrain Ltd. develops, produces, and distributes films and television programs worldwide. The company operates through two segments, Content Business and Canadian Television Broadcasting. It focuses on children and family content, including animated series; and provides production services, as well as operates children's channels on YouTube.

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