Dairy Crest Group Upgraded to “Hold” by Numis Securities Ltd (DCG)
Dairy Crest Group (LON:DCG) was upgraded by equities researchers at Numis Securities Ltd from a “reduce” rating to a “hold” rating in a research report issued on Monday, StockRatingsNetwork reports. The firm currently has a GBX 444 ($7.11) price objective on the stock. Numis Securities Ltd’s target price points to a potential downside of 5.85% from the stock’s previous close.
Dairy Crest Group (LON:DCG) opened at 476.80 on Monday. Dairy Crest Group has a 1-year low of GBX 329.20 and a 1-year high of GBX 536.50. The stock has a 50-day moving average of GBX 503.6 and a 200-day moving average of GBX 471.2. The company’s market cap is £650.7 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of Dairy Crest Group (LON:DCG) in a research note to investors on Monday. They now have a GBX 485 ($7.77) price target on the stock.
One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. Dairy Crest Group has an average rating of “Hold” and a consensus target price 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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