Daisy Group PLC Downgraded to Sell at FinnCap (DAY)
Daisy Group PLC (LON:DAY) was downgraded by investment analysts at FinnCap from a “hold” rating to a “sell” rating in a note issued to investors on Tuesday, AmericanBankingNews.com reports. They currently have a GBX 130 ($2.09) price objective on the stock. FinnCap’s price target would indicate a potential downside of 11.56% from the company’s current price.
Separately, analysts at Liberum Capital raised their price target on shares of Daisy Group PLC from GBX 140 ($2.25) to GBX 155 ($2.49) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 130.80 ($2.10).
Shares of Daisy Group PLC (LON:DAY) traded up 1.87% during mid-day trading on Tuesday, hitting GBX 149.75. 9,025 shares of the company’s stock traded hands. Daisy Group PLC has a 52 week low of GBX 85.00 and a 52 week high of GBX 144.75. The stock has a 50-day moving average of GBX 134.3 and a 200-day moving average of GBX 126.7.
Daisy Group plc, formerly Freedom4 Group plc, is a provider of unified communications to the small and medium enterprise (LON:DAY) and mid-market business sector in the UK.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.