Dairy Crest Group plc’s Buy Rating Reaffirmed at Jefferies Group (DCG)
Dairy Crest Group plc (LON:DCG)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Group in a report released on Thursday. They currently have a GBX 490 ($8.35) target price on the stock. Jefferies Group’s price objective suggests a potential upside of 4.26% from the stock’s previous close.
Dairy Crest Group plc (LON:DCG) opened at 478.10 on Thursday. Dairy Crest Group plc has a 1-year low of GBX 422.70 and a 1-year high of GBX 560.50. The stock’s 50-day moving average is GBX 458.3 and its 200-day moving average is GBX 494.9. The company’s market cap is £653.0 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.
A number of other firms have also recently commented on DCG. Analysts at Goldman Sachs reiterated a “sell” rating on shares of Dairy Crest Group plc in a research note on Wednesday, June 11th. They now have a GBX 377 ($6.42) 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 ($8.26) 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 ($8.11) price target on the stock. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 481.90 ($8.21).
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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