Liberum Capital Reiterates Buy Rating for Daisy Group PLC (DAY)
Daisy Group PLC (LON:DAY)‘s stock had its “buy” rating restated by equities research analysts at Liberum Capital in a research note issued to investors on Wednesday. They currently have a GBX 215 ($3.69) price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 55.18% from the company’s current price.
Daisy Group PLC (LON:DAY) traded down 1.74% on Wednesday, hitting GBX 138.55. The stock had a trading volume of 1,017,777 shares. Daisy Group PLC has a 52 week low of GBX 127.00 and a 52 week high of GBX 207.00. The stock’s 50-day moving average is GBX 157.3 and its 200-day moving average is GBX 175.4.
The company also recently announced a dividend, which is scheduled for Friday, October 17th. Shareholders of record on Wednesday, September 24th will be paid a dividend of GBX 3.10 ($0.05) per share. This represents a dividend yield of 1.96%. The ex-dividend date is Wednesday, September 24th.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Daisy Group PLC in a research note on Wednesday, June 18th. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Daisy Group PLC in a research note on Tuesday, June 17th. They now have a GBX 166 ($2.85) price target on the stock. Finally, analysts at FinnCap upgraded shares of Daisy Group PLC to a “buy” rating in a research note on Tuesday, June 17th. They now have a GBX 185 ($3.17) price target on the stock. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Daisy Group PLC presently has an average rating of “Hold” and a consensus target price of GBX 164 ($2.81).
Daisy Group plc, formerly Freedom4 Group plc, is a provider of unified communications to the small and medium enterprise (LON:DAY) and mid-market business sector in the UK.