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finnCap issued a report on 7digital Group Plc (LON:7DIG), keeping its target price at 38.00GBX today

Only yesterday 7digital Group Plc (LON:7DIG) traded 3.77% lower at 7.38GBX. 7digital Group Plc’s 50-day average is 6.94GBX and its 200-day average is 7.10GBX. With the last stock price up 10.21% relative to the 200-day average, compared with the S&P 500 which has decreased -0.01% over the date range. Trading volume was was down over the average, with 79,268 shares of 7DIG changing hands under the typical 216,466 shares..

7digital Group Plc (LON:7DIG) had its price target maintained to 38GBX by finnCap in an issued report announced 8/15/2016. The updated target price suggests a possible upside of 4.15% from the company’s most recent closing price.

Performance Graph:

7digital Group Plc (LON:7DIG)

In addition to finnCap reporting it’s target price, a total of 2 brokerages have issued a report on the company. The 12-month target price is 35.00GBX with one analyst rating the stock a strong buy, 0 rating the stock a buy, 0 firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 brokerages rating the company as sell.

7digital Group Plc has a one-year low of 5.00GBX and a 52 week high of 16.88GBX. 7digital Group Plc’s market cap is currently 0.0 GBX.

About 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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