Analyst ratings of Mood Media The two analysts on the TMX website have Mood rated a "strong buy" and "moderate buy" respectively. Octagon Capital, while lowering their target price to $2.65 (more than double current sp), they still have it rated a "buy" obviously and I'm guessing now that the new financials have been such a pleasant surprise....I expect they'll be bumping it back up again.
The Byron Capital analyst who was featured in two reports earlier this year has a target price of over $2.00 and also gives it a "buy" rating......so far I have found zero analysts that think this isn't a great investment. Once again, the Byron analyst based his decisions on the previous quarters financials....the market is quickly waking up to how fast these guys are making money and turning this company around....very exciting stock to own!
MC