Dairy Crest Group Receives Hold Rating from Panmure Gordon (DCG)
Dairy Crest Group (LON:DCG)‘s stock had its “hold” rating reiterated by research analysts at Panmure Gordon in a report released on Monday, StockRatingsNetwork.com reports. They currently have a GBX 500 ($8.01) price objective on the stock. Panmure Gordon’s price objective would suggest a potential upside of 6.02% from the stock’s previous close.
Dairy Crest Group (LON:DCG) opened at 475.90 on Monday. Dairy Crest Group has a 52-week low of GBX 329.20 and a 52-week high of GBX 536.50. The stock’s 50-day moving average is GBX 503.6 and its 200-day moving average is GBX 471.2. The company’s market cap is £649.5 million.
A number of other firms have also recently commented on DCG. Analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of Dairy Crest Group (LON:DCG) in a research note to investors on Monday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Dairy Crest Group (LON:DCG) in a research note to investors on Monday. They now have a GBX 543 ($8.70) price target on the stock. Finally, analysts at Numis Securities Ltd upgraded shares of Dairy Crest Group (LON:DCG) from a “reduce” rating to a “hold” rating in a research note to investors on Monday. They now have a GBX 444 ($7.11) price target on the stock.
One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 488 ($7.82).
Dairy Crest Group plc is an integrated dairy company. The Company is principally engaged in the manufacture, processing and distribution of milk and dairy products in the United Kingdom and Europe.
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