Canaccord Genuity Increases Matomy Media Group Ltd (MTMY) Price Target to GBX 148

Matomy Media Group Ltd (LON:MTMY) had its price objective hoisted by investment analysts at Canaccord Genuity from GBX 114 ($1.49) to GBX 148 ($1.93) in a note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity’s price target indicates a potential upside of 34.55% from the stock’s previous close.

Matomy Media Group (LON:MTMY) opened at 110.75 on Wednesday. The stock has a 50 day moving average of GBX 87.39 and a 200-day moving average of GBX 82.57. The firm’s market capitalization is GBX 101.76 million. Matomy Media Group has a 1-year low of GBX 64.00 and a 1-year high of GBX 122.00.

Matomy Media Group Company Profile

Matomy Media Group Ltd. provides digital performance-based advertising services. The Company provides these services to customers, which include primarily advertisers, advertising agencies and other businesses around the world that promote or sell products or services to consumers through digital media, such as Websites, mobile applications and social media networks.

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