# LBG Media PLC 24.1% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/lbg-media-plc-24.1-potential-upside-indicated-by-berenberg-bank/4121176203
- Published: 2024-11-04T14:51:51+00:00
- Author: Charlotte Edwards

**LBG Media PLC** with ticker (LON:LBG) now has a potential upside of 24.1% according
to Berenberg Bank.
LBG.LBerenberg Bank set a target price of 170 GBX for the company,
which when compared to the LBG Media PLC share price of 137 GBX at opening today(
04/11/2024) indicates a potential upside of 24.1%. Trading has ranged between 63(
52 week low) and 146 (52 week high) with an average of 159,405 shares exchanging
hands daily. The market capitalisation at the time of writing is £286,439,052.LBG
Media PLC is a United Kingdom-based company that operates a global digital entertainment
business with a focus on young adults and disrupter in the digital media and social
publishing sectors. It produces and distributes digital content across a range of
mediums, including video, editorial, image, audio, and experience (virtual and augmented
reality). It has curated a diverse collection of specialist brands using social 
media platforms (Facebook, Instagram, Snapchat, X, and TikTok). It operates two 
core routes to market: Direct revenue, which is generated from the provision of 
content marketing services to corporates, brand owners, marketing agencies and other
entities, such as government bodies and where the relationship with the client is
held directly by LBG Media; and Indirect revenue, which is generated via a third-
party, such as a social media platform or via a programmatic advertising exchange/
online marketplace, which holds the relationship with the brand owner or agency.

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