Genius Brands International Inc (GNUS) Upgraded to Buy by Zacks Investment Research

Genius Brands International Inc (OTCMKTS:GNUS) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Wednesday. The brokerage currently has a $3.50 price objective on the stock. Zacks Investment Research‘s target price suggests a potential upside of 15.13% from the stock’s previous close.

According to Zacks, “Genius Brands International, Inc. is a multimedia content and brand management company. It provides entertaining and enriching content and products for toddlers to Tweens. The Company’s portfolio includes Baby Genius, Secret Lab, Kid Genius, Mighty 7, Stan Lee Comics and Secret Millionaires Club, Llama Llama and a tween adventure series, Space Pop. Genius Brands International, Inc. is headquartered in Beverly Hills, USA. “

Separately, Chardan Capital reaffirmed a “buy” rating and issued a $8.00 target price (down from $10.50) on shares of Genius Brands International in a research report on Wednesday, May 17th.

Shares of Genius Brands International (OTCMKTS GNUS) opened at 3.04 on Wednesday. The stock has a 50 day moving average of $3.19 and a 200-day moving average of $3.90. Genius Brands International has a 52 week low of $2.81 and a 52 week high of $8.00.

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An institutional investor recently raised its position in Genius Brands International stock. Bard Associates Inc. boosted its stake in shares of Genius Brands International Inc (OTCMKTS:GNUS) by 1.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 634,603 shares of the company’s stock after buying an additional 6,550 shares during the period. Genius Brands International accounts for approximately 1.0% of Bard Associates Inc.’s investment portfolio, making the stock its 29th largest position. Bard Associates Inc.’s holdings in Genius Brands International were worth $2,170,000 at the end of the most recent quarter.

Genius Brands International Company Profile

Genius Brands International, Inc is a content and brand management company. The Company provides entertaining and enriching content and products with a purpose for toddlers to tweens. The Company produces original content and licenses the rights to that content to a range of partners. Its licensees include companies to which the audio-visual rights are licensed for exhibition in various formats, such as Pay Television, Free or Broadcast Television, video-on-demand (VOD), subscription on demand (SVOD) and digital video discs/compact discs (DVDs/CDs), and companies that develop and distribute products based on its content within different product categories, such as toys, electronics, publishing, home goods, stationary and gifts.