Royal Bank of Canada Issues Positive Forecast for WildBrain (TSE:WILD) Stock Price

WildBrain (TSE:WILD - Get Free Report) had its target price hoisted by investment analysts at Royal Bank of Canada from C$2.00 to C$2.50 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has a "sector perform" rating on the stock. Royal Bank of Canada's target price points to a potential upside of 31.58% from the stock's current price.

Separately, National Bankshares increased their price target on shares of WildBrain from C$1.50 to C$1.75 and gave the stock a "sector perform" rating in a research report on Wednesday, February 12th.

WildBrain Stock Performance

Shares of TSE:WILD traded down C$0.01 during trading on Thursday, hitting C$1.90. The company's stock had a trading volume of 99,853 shares, compared to its average volume of 45,544. The company has a debt-to-equity ratio of -811.30, a current ratio of 1.70 and a quick ratio of 0.88. The firm has a market cap of C$398.76 million, a price-to-earnings ratio of -2.20, a P/E/G ratio of 6.85 and a beta of 0.87. The company has a 50-day moving average of C$1.57 and a 200-day moving average of C$1.35. WildBrain has a 12 month low of C$0.77 and a 12 month high of C$1.96.

Insider Activity

In other WildBrain news, insider Fine Capital Partners, L.P. purchased 69,650 shares of the business's stock in a transaction on Monday, December 23rd. The stock was acquired at an average price of C$1.57 per share, for a total transaction of C$109,553.32. Insiders have purchased a total of 404,890 shares of company stock valued at $647,687 in the last ninety days. Corporate insiders own 1.32% of the company's stock.

WildBrain Company Profile

WildBrain Ltd. engages in the development, production, and distribution of films and television programs in Canada, the United States, the United Kingdom, and internationally. The company operates through three segments: Content and Licensing; Global Licensing; and Canadian Television Broadcasting. It focuses on children's and family content, including animated series; provides content production and distribution services; and sells advertising ad-supported video-on-demand (AVOD) platforms.