Dairy Crest Group plc Receives Consensus Recommendation of “Hold” from Analysts (LON:DCG)
Shares of Dairy Crest Group plc (LON:DCG) have been given a consensus rating of “Hold” by the twelve ratings firms that are presently covering the stock, Analyst Ratings Network.com reports. Two investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 483.55 ($8.13).
DCG has been the subject of a number of recent research reports. Analysts at Goldman Sachs reiterated a “sell” rating on shares of Dairy Crest Group plc in a research note on Wednesday. They now have a GBX 377 ($6.34) price target on the stock. Separately, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of Dairy Crest Group plc in a research note on Thursday, June 5th. They now have a GBX 485 ($8.15) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Dairy Crest Group plc in a research note on Monday, June 2nd. They now have a GBX 476 ($8.00) price target on the stock.
Shares of Dairy Crest Group plc (LON:DCG) traded down 0.13% during mid-day trading on Thursday, hitting GBX 476.80. The stock had a trading volume of 88,495 shares. Dairy Crest Group plc has a 1-year low of GBX 422.70 and a 1-year high of GBX 560.50. The stock has a 50-day moving average of GBX 460.8 and a 200-day moving average of GBX 500.0. The company’s market cap is £650.8 million.
The company also recently announced a dividend, which is scheduled for Thursday, August 7th. Shareholders of record on Wednesday, July 2nd will be paid a dividend of GBX 15.40 ($0.26) per share. This represents a dividend yield of 3.59%. The ex-dividend date is Wednesday, July 2nd.
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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