Daily Mail and General Trust Plc Upgraded to “Buy” at Goldman Sachs Group Inc. (DMGT)
Daily Mail and General Trust Plc (LON:DMGT) was upgraded by research analysts at Goldman Sachs Group Inc. to a “buy” rating in a report released on Monday, AmericanBankingNews.com reports. The firm currently has a GBX 1,180 ($19.39) target price on the stock, up from their previous target price of GBX 850 ($13.97). Goldman Sachs Group Inc.’s target price indicates a potential upside of 20.78% from the company’s current price.
DMGT has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated a “neutral” rating on shares of Daily Mail and General Trust Plc in a research note to investors on Wednesday, January 29th. They now have a GBX 864 ($14.20) price target on the stock. Separately, analysts at BNP Paribas upgraded shares of Daily Mail and General Trust Plc to an “outperform” rating in a research note to investors on Monday, January 27th. They now have a GBX 1,150 ($18.90) price target on the stock, up previously from GBX 860 ($14.13). Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Daily Mail and General Trust Plc in a research note to investors on Monday, January 13th. They now have a GBX 1,180 ($19.39) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 918.85 ($15.10).
Daily Mail and General Trust Plc (LON:DMGT) traded up 1.61% during mid-day trading on Monday, hitting GBX 977.0001. The stock had a trading volume of 901,105 shares. Daily Mail and General Trust Plc has a one year low of GBX 596.00 and a one year high of GBX 1002.0001. The stock has a 50-day moving average of GBX 954.9 and a 200-day moving average of GBX 849.0. The company’s market cap is £3.646 billion.
Daily Mail and General Trust PLC (LON:DMGT) is a United kingdom-based multi-media and information company.
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