Dun & Bradstreet Corp. Coverage Initiated by Analysts at Wells Fargo & Co. (DNB)
Research analysts at Wells Fargo & Co. initiated coverage on shares of Dun & Bradstreet Corp. (NYSE:DNB) in a report released on Thursday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.
Shares of Dun & Bradstreet Corp. (NYSE:DNB) traded up 0.11% on Thursday, hitting $97.66. The stock had a trading volume of 547,598 shares. Dun & Bradstreet Corp. has a 52-week low of $79.70 and a 52-week high of $124.59. The stock’s 50-day moving average is $113.6 and its 200-day moving average is $109.4. The company has a market cap of $3.727 billion and a P/E ratio of 14.92.
Dun & Bradstreet Corp. (NYSE:DNB) last posted its quarterly earnings results on Monday, February 3rd. The company reported $2.75 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.91 by $0.84. The company had revenue of $476.70 million for the quarter, compared to the consensus estimate of $414.03 million. During the same quarter in the prior year, the company posted $2.38 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. Analysts expect that Dun & Bradstreet Corp. will post $7.39 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, March 12th. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 1.82%. The ex-dividend date is Friday, February 21st. This is a positive change from Dun & Bradstreet Corp.’s previous quarterly dividend of $0.40.
DNB has been the subject of a number of other recent research reports. Analysts at Barclays cut their price target on shares of Dun & Bradstreet Corp. from $125.00 to $115.00 in a research note on Wednesday, February 5th. They now have an “equal weight” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Dun & Bradstreet Corp. in a research note on Monday, January 20th. They now have a $125.00 price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. Dun & Bradstreet Corp. presently has an average rating of “Hold” and an average price target of $97.00.
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