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

WildBrain (TSE:WILD) had its price target increased by Royal Bank of Canada from C$2.00 to C$2.50 in a research note released on Thursday,BayStreet.CA reports. They currently have a sector perform rating on the stock.

Separately, National Bankshares upped 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 note on Wednesday.

WildBrain Stock Performance

Shares of WildBrain stock opened at C$1.91 on Thursday. The stock has a market cap of C$400.85 million, a price-to-earnings ratio of -2.22, a PEG ratio of 6.85 and a beta of 0.87. The firm’s 50-day moving average is C$1.53 and its 200 day moving average is C$1.34. WildBrain has a 1 year low of C$0.77 and a 1 year high of C$1.94. The company has a debt-to-equity ratio of -811.30, a current ratio of 1.70 and a quick ratio of 0.88.

Insiders Place Their Bets

In other WildBrain news, insider Fine Capital Partners, L.P. purchased 64,140 shares of WildBrain stock in a transaction dated Friday, December 20th. The stock was purchased at an average price of C$1.50 per share, with a total value of C$96,102.24. In the last 90 days, insiders acquired 404,890 shares of company stock valued at $647,687. 1.32% of the stock is owned by insiders.

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.