Dairy Crest Group’s Neutral Rating Reaffirmed at UBS AG (DCG)
Dairy Crest Group (LON:DCG)‘s stock had its “neutral” rating reiterated by research analysts at UBS AG in a report released on Tuesday, American Banking News.com reports. They currently have a GBX 515 ($8.46) price objective on the stock. UBS AG’s price target suggests a potential downside of 0.10% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Investec cut their price target on shares of Dairy Crest Group from GBX 530 ($8.71) to GBX 525 ($8.63) in a research note to investors on Monday. They now have an “add” rating on the stock. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of Dairy Crest Group in a research note to investors on Friday. They now have a GBX 465 ($7.64) price target on the stock. Finally, analysts at Numis Securities Ltd cut their price target on shares of Dairy Crest Group from GBX 508 ($8.35) to GBX 493 ($8.10) in a research note to investors on Friday. They now have a “hold” rating on the stock. Two 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. Dairy Crest Group currently has an average rating of “Hold” and an average target price of GBX 506.73 ($8.33).
Dairy Crest Group (LON:DCG) traded down 0.48% on Tuesday, hitting GBX 515.50. The stock had a trading volume of 126,331 shares. Dairy Crest Group has a 52 week low of GBX 399.516 and a 52 week high of GBX 560.50. The stock has a 50-day moving average of GBX 534.9 and a 200-day moving average of GBX 511.7. The company’s market cap is £703.2 million.
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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