Oriel Securities Ltd Reiterates “Hold” Rating for Dairy Crest Group plc (DCG)
Dairy Crest Group plc (LON:DCG)‘s stock had its “hold” rating reaffirmed by research analysts at Oriel Securities Ltd in a report released on Friday. They currently have a GBX 500 ($8.52) price objective on the stock. Oriel Securities Ltd’s target price suggests a potential upside of 4.12% from the company’s current price.
A number of other firms have also recently commented on DCG. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Dairy Crest Group plc in a research note on Thursday. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Dairy Crest Group plc in a research note on Thursday. They now have a GBX 490 ($8.35) price target on the stock. Finally, 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. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 473 ($8.06).
Shares of Dairy Crest Group plc (LON:DCG) opened at 482.10 on Friday. Dairy Crest Group plc has a 52-week low of GBX 422.70 and a 52-week high of GBX 560.50. The stock has a 50-day moving average of GBX 458.7 and a 200-day moving average of GBX 494.7. The company’s market cap is £658.4 million.
The company also recently declared a dividend, which is scheduled for Thursday, August 7th. Investors of record on Wednesday, July 2nd will be given a dividend of GBX 15.40 ($0.26) per share. This represents a yield of 3.59%. The ex-dividend date of this dividend 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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