Dignity Upgraded to Buy at Panmure Gordon (DTY)
Dignity (LON:DTY) was upgraded by stock analysts at Panmure Gordon from a “hold” rating to a “buy” rating in a report issued on Monday, ARN reports. The firm currently has a GBX 1,600 ($25.89) price objective on the stock. Panmure Gordon’s price target points to a potential upside of 15.61% from the company’s current price.
Shares of Dignity (LON:DTY) traded up 1.02% during mid-day trading on Monday, hitting GBX 1384.00. 67,466 shares of the company’s stock traded hands. Dignity has a 52-week low of GBX 927.064 and a 52-week high of GBX 1690.769. The stock’s 50-day moving average is GBX 1428. and its 200-day moving average is GBX 1499.. The company’s market cap is £729.9 million.
DTY has been the subject of a number of other recent research reports. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Dignity from GBX 1,360 ($22.00) to GBX 1,650 ($26.69) in a research note to investors on Tuesday, October 15th. They now have a “neutral” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Dignity in a research note to investors on Monday, September 2nd. They now have a GBX 1,625 ($26.29) price target on the stock. Finally, analysts at Investec raised their price target on shares of Dignity from GBX 1,530 ($24.75) to GBX 1,562 ($25.27) in a research note to investors on Thursday, August 15th. They now have an “add” rating on the stock. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of GBX 1,500.30 ($24.27).
Dignity plc is a United Kingdom-based holding company. The Company, along with its subsidiaries, is engaged in the provision of funeral services, including funeral directing, crematoria operation and the marketing and administration of pre-arranged funeral plans.
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