Liberum Capital Reiterates “Buy” Rating for XLMedia PLC (XLM)

XLMedia PLC (LON:XLM)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research note issued on Tuesday. They presently have a GBX 111 ($1.45) price objective on the stock. Liberum Capital’s target price suggests a potential upside of 24.72% from the stock’s current price.

Shares of XLMedia PLC (LON:XLM) opened at 89.00 on Tuesday. The company’s market cap is GBX 178.31 billion. The stock’s 50 day moving average price is GBX 86.17 and its 200 day moving average price is GBX 75.10. XLMedia PLC has a 12-month low of GBX 58.22 and a 12-month high of GBX 97.99.

The company also recently disclosed a dividend, which will be paid on Friday, November 4th. Stockholders of record on Thursday, October 6th will be given a dividend of GBX 0.04 ($0.00) per share. The ex-dividend date of this dividend is Thursday, October 6th. This is a positive change from XLMedia PLC’s previous dividend of $0.02. This represents a dividend yield of 3.26%.

XLMedia PLC Company Profile

XLMedia PLC is an online performance marketing company. The Company and its subsidiaries provide digital performance marketing services. It operates through three segments: Publishing, Media and Partners Network. Its Publishing segment owns over 2,000 informational Websites in approximately 17 languages.

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