Daily Mail and General Trust plc Rating Reiterated by Goldman Sachs (DMGT)
Daily Mail and General Trust plc (LON:DMGT)‘s stock had its “conviction-buy” rating reaffirmed by equities researchers at Goldman Sachs in a research report issued on Thursday. They currently have a GBX 1,230 ($20.68) price objective on the stock. Goldman Sachs’ target price points to a potential upside of 36.74% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Daily Mail and General Trust plc in a research note on Monday, June 2nd. They now have a GBX 1,185 ($19.92) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Daily Mail and General Trust plc in a research note on Friday, May 23rd. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Daily Mail and General Trust plc in a research note on Friday, May 23rd. They now have a GBX 1,040 ($17.48) price target on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 1,049.07 ($17.64).
Daily Mail and General Trust plc (LON:DMGT) traded down 0.06% on Thursday, hitting GBX 899.50. 261,774 shares of the company’s stock traded hands. Daily Mail and General Trust plc has a 1-year low of GBX 724.00 and a 1-year high of GBX 1074.00. The stock’s 50-day moving average is GBX 860.0 and its 200-day moving average is GBX 928.0. The company’s market cap is £3.183 billion.
The company also recently announced a dividend, which is scheduled for Friday, July 4th. Shareholders of record on Wednesday, June 4th will be paid a dividend of GBX 6.20 ($0.10) per share. This represents a dividend yield of 0.68%. The ex-dividend date is Wednesday, June 4th.
Daily Mail and General Trust PLC (LON:DMGT) is a United kingdom-based multi-media and information company.
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