National Bank Financial downgraded shares of Mediagrif Interactive Technologies Inc (TSE:MDF) from an outperform rating to a sector perform rating in a report released on Thursday. The firm currently has C$14.00 target price on the stock, down from their previous target price of C$20.00.

Separately, Laurentian cut Mediagrif Interactive Technologies from a buy rating to a hold rating and decreased their target price for the stock from C$20.00 to C$16.50 in a research report on Wednesday, August 9th.

Mediagrif Interactive Technologies (MDF) opened at C$12.18 on Thursday. Mediagrif Interactive Technologies has a twelve month low of C$12.18 and a twelve month high of C$19.55.

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The business also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.10 per share. The ex-dividend date is Friday, December 29th. This represents a $0.40 dividend on an annualized basis and a yield of 3.28%. Mediagrif Interactive Technologies’s payout ratio is currently 51.28%.

About Mediagrif Interactive Technologies

Mediagrif Interactive Technologies Inc is a Canada-based company, which provides e-business solutions to consumer and businesses. The Company is engaged in information technology and is an owner of various Web and mobile platforms, including Jobboom, LesPAC, Reseau Contact, MERX, InterTrade, Carrus and BidNet.

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