Dairy Crest Group Given Overweight Rating at JPMorgan Chase & Co. (DCG)
Dairy Crest Group (LON:DCG)‘s stock had its “overweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Friday, Analyst Ratings News reports. They currently have a GBX 600 ($9.89) target price on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 17.09% from the stock’s previous close.
Shares of Dairy Crest Group (LON:DCG) opened at 517.575 on Friday. Dairy Crest Group has a 52 week low of GBX 399.516 and a 52 week high of GBX 560.50. The stock’s 50-day moving average is GBX 534.0 and its 200-day moving average is GBX 511.0. The company’s market cap is £706.0 million.
A number of other analysts have also recently weighed in on DCG. Analysts at Jefferies Group raised their price target on shares of Dairy Crest Group from GBX 485 ($7.99) to GBX 575 ($9.47) in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. downgraded shares of Dairy Crest Group to a “conviction sell” rating in a research note to investors on Friday, January 24th. They now have a GBX 351 ($5.78) price target on the stock, down previously from GBX 404 ($6.66). Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Dairy Crest Group in a research note to investors on Wednesday, November 13th. They now have a GBX 465 ($7.66) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 500.36 ($8.24).
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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