Goldman Sachs Increases Dairy Crest Group plc Price Target to GBX 362 (DCG)
Stock analysts at Goldman Sachs lifted their price target on shares of Dairy Crest Group plc (LON:DCG) from GBX 351 ($5.76) to GBX 362 ($5.94) in a report issued on Thursday, StockRatingsNetwork reports. The firm currently has a “conviction sell” rating on the stock. Goldman Sachs’ target price suggests a potential downside of 29.43% from the company’s current price.
DCG has been the subject of a number of other recent research reports. Analysts at UBS AG reiterated a “neutral” rating on shares of Dairy Crest Group plc in a research note on Tuesday, February 4th. They now have a GBX 515 ($8.45) price target on the stock. Separately, analysts at Investec cut their price target on shares of Dairy Crest Group plc from GBX 530 ($8.70) to GBX 525 ($8.61) in a research note on Monday, February 3rd. They now have an “add” rating on the stock. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of Dairy Crest Group plc in a research note on Friday, January 31st. They now have a GBX 465 ($7.63) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 507.73 ($8.33).
Shares of Dairy Crest Group plc (LON:DCG) traded up 0.49% during mid-day trading on Thursday, hitting GBX 513.00. 65,957 shares of the company’s stock traded hands. Dairy Crest Group plc has a 52-week low of GBX 409.50 and a 52-week high of GBX 560.50. The stock has a 50-day moving average of GBX 530.2 and a 200-day moving average of GBX 512.. The company’s market cap is £699.8 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.