Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on WildBrain (WLDBF – Research Report), Roblox (RBLX – Research Report) and Warner Music Group (WMG – Research Report).
WildBrain (WLDBF)
National Bank analyst Adam Shine maintained a Hold rating on WildBrain yesterday and set a price target of C$1.40. The company’s shares closed last Monday at $0.93, close to its 52-week low of $0.75.
According to TipRanks.com, Shine is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WildBrain with a $1.59 average price target, implying a 74.3% upside from current levels. In a report issued on February 6, RBC Capital also maintained a Hold rating on the stock with a C$2.00 price target.
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Roblox (RBLX)
J.P. Morgan analyst David Karnovsky maintained a Hold rating on Roblox yesterday and set a price target of $41.00. The company’s shares closed last Monday at $43.74.
According to TipRanks.com, Karnovsky is a 4-star analyst with an average return of
Roblox has an analyst consensus of Moderate Buy, with a price target consensus of $49.85, which is an 12.0% upside from current levels. In a report issued on February 8, Goldman Sachs also upgraded the stock to Hold with a $48.00 price target.
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