Central European Media Enterprises Ltd. (CETV) is Initiated by Wunderlich to Buy, Price Target at $3.50

Central European Media Enterprises Ltd. (CETV) was Initiated by Wunderlich to “Buy” and the brokerage firm has set the Price Target at $3.50. Wunderlich advised their investors in a research report released on Sep 22, 2016.

Central European Media Enterprises Ltd. closed down -0.04 points or -1.78% at $2.21 with 55,107 shares getting traded on Tuesday. Post opening the session at $2.28, the shares hit an intraday low of $2.2 and an intraday high of $2.28 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Jun 15, 2016, Daniel Penn (EVP, General Counsel) sold 10,925 shares at $2.27 per share price. According to the SEC, on Jun 18, 2015, Christoph Mainusch (co-Chief Executive Officer) sold 20,483 shares at $2.20 per share price. On Jun 11, 2015, Parm Sandhu (director) purchased 43,906 shares at $2.30 per share price, according to the Form-4 filing with the securities and exchange commission.

Central European Media Enterprises Ltd. is a media and entertainment company. The Company manages its business in six operating segments: Bulgaria Croatia the Czech Republic Romania the Slovak Republic and Slovenia. It broadcasts around 33 television channels which include BTV CINEMA BTV COMEDY RING.BG NOVA WORLD and MINI TV ACASA PRO CINEMA SPORT.RO MTV ROMANIA PRO TV INTERNATIONAL PRO TV CHISINAU and BTV LADY among others. Its programs consist of news current affairs fiction and reality and entertainment shows as well as acquired foreign movies series and sports programming. Its entertainment television channels in each country are distributed on a free-to-air basis terrestrially in analog digital or both depending on the digitalization status in each country and are also distributed via cable and satellite. It offers viewers the choice of watching television content through a series of portals including through Voyo and catch-up services on its Websites.

Central European Media Enterprises Ltd.

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Central European Media Enterprises Ltd. - Is it time to Sell?

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