Berenberg Bank Initiates Coverage on Domino Printing Sciences (DNO)
Berenberg Bank initiated coverage on shares of Domino Printing Sciences (LON:DNO) in a research note issued on Friday, AnalystRatingsNetwork.com reports. The firm set a “hold” rating and a GBX 860 ($14.12) price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 8.86% from the company’s current price.
Domino Printing Sciences (LON:DNO) traded down 2.95% on Friday, hitting GBX 790.00. 36,350 shares of the company’s stock traded hands. Domino Printing Sciences has a 52 week low of GBX 561.50 and a 52 week high of GBX 880.50. The stock’s 50-day moving average is GBX 770.0 and its 200-day moving average is GBX 693.5. The company’s market cap is £884.4 million.
The company also recently announced a dividend, which is scheduled for Friday, April 11th. Shareholders of record on Wednesday, March 5th will be paid a dividend of GBX 14.06 ($0.23) per share. This represents a dividend yield of 1.99%. The ex-dividend date is Wednesday, March 5th.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Domino Printing Sciences in a research note to investors on Wednesday, January 15th. They now have a GBX 775 ($12.72) price target on the stock. Separately, analysts at Investec downgraded shares of Domino Printing Sciences to an “add” rating in a research note to investors on Monday, January 13th. They now have a GBX 830 ($13.62) price target on the stock, up previously from GBX 770 ($12.64). Finally, analysts at Jefferies Group raised their price target on shares of Domino Printing Sciences from GBX 670 ($11.00) to GBX 840 ($13.79) in a research note to investors on Monday, January 13th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. Domino Printing Sciences currently has an average rating of “Hold” and an average target price of GBX 674.91 ($11.08).
Domino Printing Sciences plc is engaged in the research and development, manufacture and sale of industrial printing equipment, controllers and consumables for the printing of variable information.
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