Berenberg Bank reiterated their buy rating on shares of XLMedia PLC (LON:XLM) in a report published on Monday morning. They currently have a GBX 170 ($2.20) target price on the stock.

Shares of XLMedia PLC (XLM) opened at 143.625 on Monday. XLMedia PLC has a 52-week low of GBX 80.50 and a 52-week high of GBX 145.00. The company’s market cap is GBX 284.89 million. The firm has a 50 day moving average price of GBX 132.82 and a 200-day moving average price of GBX 123.14.

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In related news, insider Ory Weihs acquired 148,148 shares of the firm’s stock in a transaction dated Monday, September 11th. The shares were purchased at an average price of GBX 135 ($1.74) per share, for a total transaction of £199,999.80 ($258,297.56).

About XLMedia PLC

XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network.

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