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Stingray Group - RAY.A Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$9.33
  • Forecasted Upside: 25.62%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$7.43 As of 05/17/2024 01:00 AM ET
▼ -0.01 (-0.13%)

This chart shows the closing price for RAY.A by one month, three months, or twelve months.

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Analyst Price Target for RAY.A

Analyst Price Target is C$9.33
▲ +25.62% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Stingray Group in the last 3 months. The average price target is C$9.33, with a high forecast of C$10.00 and a low forecast of C$8.00. The average price target represents a 25.62% upside from the last price of C$7.43.

This chart shows the closing price for RAY.A for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 4 investment analysts is to buy stock in Stingray Group. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/25/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/23/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/19/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
4/30/2024Royal Bank of CanadaBoost TargetOutperformC$9.00 ➝ C$10.00
2/8/2024CIBCBoost TargetOutperformC$8.00 ➝ C$10.00
2/8/2024DesjardinsBoost TargetBuyC$9.00 ➝ C$10.00
2/8/2024BMO Capital MarketsBoost TargetC$7.00 ➝ C$9.50
2/6/2024Royal Bank of CanadaBoost TargetOutperformC$8.00 ➝ C$9.00
10/18/2023Canaccord Genuity GroupLower TargetBuyC$8.50 ➝ C$8.00
9/13/2023DesjardinsSet TargetBuyC$9.00
8/10/2023CIBCBoost TargetC$7.50 ➝ C$8.00
6/8/2023BMO Capital MarketsLower TargetC$8.00 ➝ C$7.00
6/8/2023Canaccord Genuity GroupBoost TargetC$8.00 ➝ C$8.50
2/9/2023BMO Capital MarketsBoost TargetC$6.50 ➝ C$8.00
2/9/2023Canaccord Genuity GroupBoost TargetC$7.50 ➝ C$8.00
2/9/2023CIBCBoost TargetC$6.50 ➝ C$7.50
2/9/2023Royal Bank of CanadaBoost TargetC$7.00 ➝ C$8.00
11/10/2022BMO Capital MarketsLower TargetC$8.50 ➝ C$6.50
11/10/2022CIBCLower TargetOutperformC$8.00 ➝ C$6.50
10/12/2022CIBCBoost TargetOutperformC$5.00 ➝ C$8.00
6/10/2022Canaccord Genuity GroupLower TargetC$9.00 ➝ C$7.50
6/9/2022National BanksharesLower TargetOutperformC$8.50 ➝ C$7.50
6/9/2022BMO Capital MarketsLower TargetC$10.00 ➝ C$8.50
6/9/2022CIBCLower TargetC$9.50 ➝ C$8.50
4/29/2022CIBCBoost TargetOutperformC$8.50 ➝ C$9.50
11/12/2021Royal Bank of CanadaLower TargetOutperformC$10.00 ➝ C$9.00
10/28/2021CIBCReiterated RatingOutperformC$8.00
10/19/2021National BanksharesLower TargetOutperformC$10.00 ➝ C$8.50
7/30/2021Royal Bank of CanadaBoost TargetOutperformC$9.00 ➝ C$10.00
6/4/2021CIBCReiterated RatingOutperformC$8.00
6/4/2021Royal Bank of CanadaReiterated RatingOutperformC$9.00
2/5/2021TD SecuritiesBoost TargetHoldC$7.00 ➝ C$8.00
2/5/2021BMO Capital MarketsBoost TargetC$8.50 ➝ C$10.00
2/5/2021CIBCBoost TargetNAC$7.50 ➝ C$8.00
2/2/2021Royal Bank of CanadaBoost TargetOutperformC$8.00 ➝ C$9.00
1/20/2021National Bank FinancialBoost TargetC$7.50 ➝ C$9.00
11/6/2020TD SecuritiesBoost TargetHoldC$6.50 ➝ C$7.00
11/3/2020National Bank FinancialBoost TargetOutperformC$7.00 ➝ C$7.50
10/28/2020National Bank FinancialBoost TargetOutperformC$7.00 ➝ C$7.50
10/5/2020TD SecuritiesDowngradeBuy ➝ HoldC$6.50
6/5/2020CIBCLower TargetC$8.00 ➝ C$7.00
6/5/2020TD SecuritiesBoost TargetBuyC$6.00 ➝ C$6.50
4/21/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$9.00 ➝ C$6.00
4/2/2020National Bank FinancialLower TargetOutperformC$8.00 ➝ C$7.00
3/25/2020TD SecuritiesLower TargetBuyC$8.50 ➝ C$6.00
2/7/2020TD SecuritiesLower TargetBuyC$9.00 ➝ C$8.50
2/7/2020Royal Bank of CanadaLower TargetOutperformC$10.00 ➝ C$9.00
2/6/2020National Bank FinancialLower TargetOutperformC$8.50 ➝ C$8.00
11/8/2019TD SecuritiesLower TargetBuyC$9.50 ➝ C$9.00
9/9/2019BMO Capital MarketsBoost TargetC$9.00 ➝ C$9.50
8/8/2019National Bank FinancialBoost TargetOutperformC$8.00 ➝ C$8.50
6/7/2019CIBCLower TargetC$9.00 ➝ C$8.00
6/7/2019National Bank FinancialLower TargetOutperformC$9.00 ➝ C$8.00
6/7/2019BMO Capital MarketsLower TargetOutperformC$11.00 ➝ C$9.00
(Data available from 5/19/2019 forward)

News Sentiment Rating

0.31 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/20/2024
  • 2 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
2/19/2024
  • 2 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2024
  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
4/19/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/19/2024

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Stingray Group logo
Stingray Group Inc. provides business-to-business multi-platform music, and in-store music and video solutions to businesses and individuals worldwide. The company offers Stingray Music, which delivers music products and services on television (TV), Web, and mobile; Stingray Lite TV, a TV channel for pop music videos; Stingray iConcerts, a TV channel and an on-demand video service; Stingray Brava, a TV channel that provides operas and ballets, classical music performances, and local content; Stingray DJAZZ, a TV channel that features jazz concerts, films, portraits, and documentaries; Stingray Ambiance 4K, an ultra-high definition channel; and Stingray Karaoke that offers videos over the Internet and TV for TV service providers, as well as directly to consumers. Its TV channels also include Stingray Festival 4K that broadcasts concerts, theatre productions, circuses, DJ sets, ballets and operas, and others in 4K and dolby digital audio; Stingray Classica, which offers classical music, operas, ballets, concerts, and documentaries; Stingray Juicebox, a music video TV channel; Stingray Loud, a music video channel that broadcasts rock, hard rock, metal, punk, and other music; Stingray Retro, a music video TV; Stingray Now 4K, a TV channel that offers 4K videos; Stingray Hits!, a music video TV channel; Stingray Qello, which broadcasts performances, concert films, and music documentaries; and NatureVision TV, a 24/7 channel that is available online and on television. In addition, the company offers Yokee, which transforms mobile phones and tablets into wireless karaoke machines. It distributes its content through various platforms, including digital and satellite TV, IPTV, Internet, mobile devices, Wi-Fi systems, game consoles, and connected cars. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was incorporated in 2006 and is headquartered in Montreal, Canada.
Read More

Today's Range

Now: C$7.43
Low: C$7.36
High: C$7.44

50 Day Range

MA: C$7.60
Low: C$7.21
High: C$8.05

52 Week Range

Now: C$7.43
Low: C$4.21
High: C$8.10

Volume

11,285 shs

Average Volume

38,544 shs

Market Capitalization

C$375.14 million

P/E Ratio

14.02

Dividend Yield

3.90%

Beta

1.11

Frequently Asked Questions

What sell-side analysts currently cover shares of Stingray Group?

The following Wall Street analysts have issued research reports on Stingray Group in the last twelve months: BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Desjardins, and Royal Bank of Canada.
View the latest analyst ratings for RAY.A.

What is the current price target for Stingray Group?

6 Wall Street analysts have set twelve-month price targets for Stingray Group in the last year. Their average twelve-month price target is C$9.33, suggesting a possible upside of 25.6%. Royal Bank of Canada has the highest price target set, predicting RAY.A will reach C$10.00 in the next twelve months. Canaccord Genuity Group Inc. has the lowest price target set, forecasting a price of C$8.00 for Stingray Group in the next year.
View the latest price targets for RAY.A.

What is the current consensus analyst rating for Stingray Group?

Stingray Group currently has 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe RAY.A will outperform the market and that investors should add to their positions of Stingray Group.
View the latest ratings for RAY.A.

What other companies compete with Stingray Group?

Other companies that are similar to Stingray Group include Stingray Group, Corus Entertainment, Richards Packaging Income Fund, TWC Enterprises and Boston Pizza Royalties Income Fund. Learn More about companies similar to Stingray Group.

How do I contact Stingray Group's investor relations team?

Stingray Group's physical mailing address is 730 Wellington St, MONTREAL, QC H3C 1T4, Canada. The company's listed phone number is +1-514-6641244. The official website for Stingray Group is www.stingray.com. Learn More about contacing Stingray Group investor relations.