Wells Fargo & Company Begins Coverage on Donnelley Financial Solutions Inc (DFIN)
Equities researchers at Wells Fargo & Company assumed coverage on shares of Donnelley Financial Solutions Inc (NASDAQ:DFIN) in a note issued to investors on Monday, The Fly reports. The firm set a “market perform” rating on the stock.
Separately, Citigroup Inc. began coverage on shares of Donnelley Financial Solutions in a report on Monday. They set a “neutral” rating and a $25.00 price target for the company.
Donnelley Financial Solutions (NASDAQ DFIN) traded up 1.43% during mid-day trading on Monday, hitting $23.46. 117,666 shares of the stock traded hands. Donnelley Financial Solutions has a 1-year low of $18.02 and a 1-year high of $29.00. The firm has a market cap of $769.46 million and a price-to-earnings ratio of 14.05. The stock has a 50-day moving average of $22.60 and a 200 day moving average of $21.82.
Donnelley Financial Solutions (NASDAQ:DFIN) last released its earnings results on Thursday, May 4th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.11. The business had revenue of $267.30 million for the quarter, compared to the consensus estimate of $239.30 million. During the same quarter in the previous year, the firm earned $0.43 EPS. The firm’s revenue for the quarter was up 11.3% on a year-over-year basis. On average, equities analysts expect that Donnelley Financial Solutions will post $1.62 EPS for the current year.
TRADEMARK VIOLATION WARNING: This report was first published by American Banking News and is owned by of American Banking News. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/06/19/wells-fargo-company-begins-coverage-on-donnelley-financial-solutions-inc-dfin.html.
About Donnelley Financial Solutions
Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.
Receive News & Ratings for Donnelley Financial Solutions Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donnelley Financial Solutions Inc and related companies with MarketBeat.com's FREE daily email newsletter.