Dhx Media Ltd Class B (TSE:DHX.B) has been assigned an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is C$6.59.
A number of analysts have recently issued reports on DHX.B shares. Scotiabank reaffirmed a “sector perform” rating and issued a C$7.00 price objective on shares of Dhx Media Ltd Class B in a research report on Saturday, September 23rd. TD Securities cut Dhx Media Ltd Class B from a “buy” rating to a “hold” rating and cut their price objective for the company from C$8.50 to C$6.50 in a research report on Tuesday, July 4th. National Bank Financial cut their price objective on Dhx Media Ltd Class B from C$8.50 to C$8.25 and set an “outperform” rating for the company in a research report on Thursday, September 21st. B. Riley reaffirmed a “focus stock” rating on shares of Dhx Media Ltd Class B in a research report on Wednesday, July 5th. Finally, BMO Capital Markets cut their price objective on Dhx Media Ltd Class B from C$7.00 to C$5.50 and set a “market perform” rating for the company in a research report on Friday, September 29th.
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The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Wednesday, October 25th will be issued a dividend of $0.02 per share. This is a boost from Dhx Media Ltd Class B’s previous quarterly dividend of $0.02. This represents a $0.08 annualized dividend and a yield of Infinity. The ex-dividend date is Thursday, October 12th.
About Dhx Media Ltd Class B
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