Dairy Crest Group plc Receives Overweight Rating from JPMorgan Chase & Co. (DCG)
Dairy Crest Group plc (LON:DCG)‘s stock had its “overweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Tuesday. They currently have a GBX 530 ($9.07) price objective on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 22.04% from the stock’s previous close.
Shares of 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.
A number of other firms have also recently commented on DCG. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Dairy Crest Group plc in a research note on Tuesday. They now have a GBX 450 ($7.70) price target on the stock. Separately, 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. Finally, 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. Three research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.