Daily Mail and General Trust Plc Given Sell Rating at Deutsche Bank (DMGT)
Daily Mail and General Trust Plc (LON:DMGT)‘s stock had its “sell” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Thursday, American Banking News.com reports. They currently have a GBX 630 ($10.35) price objective on the stock. Deutsche Bank’s target price would suggest a potential downside of 39.31% from the stock’s previous close.
Shares of Daily Mail and General Trust Plc (LON:DMGT) traded up 2.06% during mid-day trading on Thursday, hitting GBX 1038.00. The stock had a trading volume of 810,620 shares. Daily Mail and General Trust Plc has a one year low of GBX 604.50 and a one year high of GBX 1002.0001. The stock’s 50-day moving average is GBX 959.0 and its 200-day moving average is GBX 851.9. The company’s market cap is £3.873 billion.
A number of other firms have also recently commented on DMGT. Analysts at Canaccord Genuity raised their price target on shares of Daily Mail and General Trust Plc from GBX 886 ($14.56) to GBX 970 ($15.94) in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Daily Mail and General Trust Plc in a research note to investors on Wednesday. They now have a GBX 1,150 ($18.90) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Daily Mail and General Trust Plc in a research note to investors on Wednesday. They now have a GBX 1,055 ($17.34) price target on the stock, up previously from GBX 975 ($16.02). Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 943.58 ($15.51).
Daily Mail and General Trust PLC (LON:DMGT) is a United kingdom-based multi-media and information company.
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