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7digital Group Plc (LON:7DIG) target price increased to 16.00GBX, reported today by finnCap

finnCap bumped the price target of 7digital Group Plc (LON:7DIG) to 16GBX, indicating a possible upside of 1.41%.

On 8/15/2016, finnCap reported on 7digital Group Plc(LON:7DIG) bumped the target price at 38.00GBX that suggested an upside of 4.15%.

Just yesterday 7digital Group Plc (LON:7DIG) traded 3.77% lower at 6.63GBX. 7digital Group Plc’s 50-day moving average is 6.94GBX and its 200-day moving average is 7.10GBX. With the last close down 10.21% from the two hundred day average, compared with the S&P 500 which has decreased -0.01% over the date range. Trade volume was was down over the average, with 79,268 shares of 7DIG changing hands under the typical 216,466 shares..

See Graph Below:

7digital Group Plc (LON:7DIG)

7digital Group Plc has a 52 week low of 5.00GBX and a 52 week high of 16.88GBX and has a market cap of 0.0 GBX.

In addition to finnCap reporting it’s price target, a total of 2 analysts have issued a report on the company. The average target price is 35.00GBX with one firm rating the stock a strong buy, 0 rating the company a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and lastly 0 analystsrating the company as sell.

General Company Details For 7digital Group Plc (LON:7DIG)

7digital Group plc, formerly UBC Media Group plc, is a business-to-business digital music and radio services company. The Company is engaged in the provision of technical infrastructure and music rights used to create music streaming and radio services for a range of customers, including consumer brands, mobile carriers, broadcasters, automotive systems, record labels, artists and retailers. It also offers radio production and music curation services. The Company’s segments include Content, Licensing and Creative. The Content segment is engaged in the sales of digital music direct to consumers. The Licensing segment is engaged in the creation of software solutions for managing and delivering digital content. The Creative segment is engaged in the production of audio and video programming for broadcasters. The Company’s services include streaming, downloads, radio solutions, and production and promotions.

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