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Stingray Group Inc T.RAY.A

Alternate Symbol(s):  STGYF | T.RAY.B

Stingray Group Inc. is a Canada-based music, media, and technology company. The Company provides TV broadcasting, streaming, radio, business services, and advertising services. It also provides an array of music, digital, and advertising services to enterprise brands worldwide, including audio and video channels, over 100 radio stations, subscription video-on-demand content, FAST channels, karaoke products and music apps, and in-car and on-board infotainment content. The Company operates through two segments: Broadcasting and commercial music and Radio. The Broadcasting and commercial music segment specializes in the broadcast of music and videos on multiple platforms and digital signage experiences and generates revenues from subscriptions or contracts. The Radio segment operates several radio stations across Canada. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, OTT, the internet, mobile devices, and others.


TSX:RAY.A - Post by User

Post by Possibleidiot01on Feb 08, 2024 3:24pm
118 Views
Post# 35870781

BMO and Desjardins

BMO and Desjardins
  • Stingray Group (TSE:RAY.A) had its price target raised by analysts at BMO Capital Markets from C$7.00 to C$9.50. This represents a 29.6% upside from the current price of C$7.33.
  •  
  • Stingray Group (TSE:RAY.A) had its price target raised by analysts at Desjardins from C$9.00 to C$10.00. They now have a "buy" rating on the stock. This represents a 36.4% upside from the current price of C$7.33.
Previously reported
  • Stingray Group (TSE:RAY.A) had its price target raised by analysts at CIBC from C$8.00 to C$10.00. They now have an "outperform" rating on the stock. This represents a 36.4% upside from the current price of C$7.33.


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