19:35:11 EST Sat 22 Jan 2022
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or Name

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Wildbrain Ltd
Symbol WILD
Shares Issued 172,509,642
Close 2021-11-01 C$ 3.90
Recent Sedar Documents

Globe says Wildbrain rated "buy" in new coverage

2021-11-01 08:05 ET - In the News

The Globe and Mail reports in its Saturday, Oct. 30, edition that Benchmark analyst Daniel Kurnos commenced coverage of Wildbrain with a "buy" recommendation, seeing the streaming landscape as an "ideal setup." The Globe's David Leeder writes in the Eye On Equities column that Mr. Kurnos says now "is the right moment to get involved" with Wildbrain. Mr. Kurnos set a share target of $6. Analysts on average target the shares at $4.09. Mr. Kurnos says in a note: "Wildbrain is, in our view, the last standalone public portfolio of premium quality kids' content, owning a 40-per-cent stake in Peanuts, as well as other well-known titles. ... In total, Wildbrain features a library of 500 brands, significantly differentiating them from other libraries and AVOD/SVOD players. Furthermore, while Wildbrain does generate revenue from production, licensing and distribution, the real growth opportunity should come from 1) significantly enhancing the ad yield on and the distribution of their AVOD network, which reaches 1-in-3 kids globally on YouTube; and 2) growing their consumer products division, underpinned by new content and merchandising under the Peanuts brand plus activating their long runway of other IP."

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