Dairy Crest Group PT Lowered to GBX 493 (DCG)
Investment analysts at Numis Securities Ltd lowered their price target on shares of Dairy Crest Group (LON:DCG) from GBX 508 ($8.37) to GBX 493 ($8.12) in a note issued to investors on Friday, Stock Ratings News reports. The firm currently has a “hold” rating on the stock. Numis Securities Ltd’s price target suggests a potential downside of 3.71% from the company’s current price.
Dairy Crest Group (LON:DCG) traded up 0.20% on Friday, hitting GBX 512.00. The stock had a trading volume of 719,420 shares. 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 534.2 and its 200-day moving average is GBX 511.1. The company’s market cap is £698.4 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon raised their price target on shares of Dairy Crest Group from GBX 500 ($8.24) to GBX 550 ($9.06) in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Dairy Crest Group in a research note to investors on Friday. They now have a GBX 600 ($9.89) price target on the stock. Finally, 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. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 503.55 ($8.30).
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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