Dairy Crest Group plc Given Underperform Rating at Credit Suisse (DCG)
Dairy Crest Group plc (LON:DCG)‘s stock had its “underperform” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Tuesday. They currently have a GBX 450 ($7.70) target price on the stock. Credit Suisse’s price objective would suggest a potential upside of 3.62% from the stock’s previous close.
Dairy Crest Group plc (LON:DCG) traded down 1.32% on Tuesday, hitting GBX 432.50. The stock had a trading volume of 698,269 shares. Dairy Crest Group plc has a 52-week low of GBX 422.70 and a 52-week high of GBX 560.50. The stock’s 50-day moving average is GBX 461.2 and its 200-day moving average is GBX 490.3. The company’s market cap is £590.7 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Dairy Crest Group plc in a research note on Tuesday. They now have a GBX 476 ($8.15) 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 Tuesday. They now have a GBX 500 ($8.56) price target on the stock. Finally, analysts at Societe Generale downgraded shares of Dairy Crest Group plc to a “sell” rating in a research note on Friday. They now have a GBX 440 ($7.53) price target on the stock, down previously from GBX 480 ($8.22). Three research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. Dairy Crest Group plc currently has an average rating of “Hold” and a consensus price target of GBX 470.36 ($8.05).
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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