Dun & Bradstreet Corporation (The) (NYSE:DNB) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Monday. The firm currently has a $127.00 price objective on the business services provider’s stock. Zacks Investment Research‘s price target indicates a potential upside of 11.91% from the company’s previous close.

According to Zacks, “Dun & Bradstreet reported second quarter results 2017 wherein earnings topped the Zacks Consensus Estimate but revenues missed the same. On a year over year basis, revenues registered growth driven by the Avention acquisition. Plus, cost savings resulted in a strong operating margin performance. Management has now raised the lower end of its operating margin growth for the year. We continue to expect that DNB will benefit from its high-margin business model and strong product portfolio. Its partnerships with big players have also helped it bring many more customers into the fold. Plus, the company is also well-positioned to gain from its strategic acquisitions and alliances. The company’s focus on expanding analytics capabilities is also a positive. However, stiff competition, weak DNBi business and high debt continue to remain areas of concerns. Shares have underperformed the broader market in the past one year.”

Separately, BidaskClub raised shares of Dun & Bradstreet Corporation (The) from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Dun & Bradstreet Corporation (The) has an average rating of “Hold” and an average price target of $117.33.

Shares of Dun & Bradstreet Corporation (DNB) opened at 112.55 on Monday. The company’s 50-day moving average is $107.72 and its 200-day moving average is $109.19. Dun & Bradstreet Corporation has a 52 week low of $100.46 and a 52 week high of $141.57. The firm has a market cap of $4.15 billion, a PE ratio of 38.32 and a beta of 1.22.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last issued its quarterly earnings results on Wednesday, August 2nd. The business services provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.24. The business had revenue of $408.40 million during the quarter, compared to analyst estimates of $410.90 million. Dun & Bradstreet Corporation (The) had a net margin of 6.36% and a negative return on equity of 26.22%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.37 earnings per share. Analysts forecast that Dun & Bradstreet Corporation will post $7.01 EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Dun & Bradstreet Corporation (The) by 7.7% in the first quarter. Vanguard Group Inc. now owns 3,869,295 shares of the business services provider’s stock worth $417,651,000 after buying an additional 278,057 shares in the last quarter. FMR LLC increased its position in Dun & Bradstreet Corporation (The) by 8.3% in the first quarter. FMR LLC now owns 2,648,511 shares of the business services provider’s stock worth $285,880,000 after buying an additional 202,192 shares in the last quarter. BlackRock Inc. increased its position in Dun & Bradstreet Corporation (The) by 3,456.1% in the first quarter. BlackRock Inc. now owns 2,538,479 shares of the business services provider’s stock worth $274,004,000 after buying an additional 2,467,096 shares in the last quarter. State Street Corp increased its position in Dun & Bradstreet Corporation (The) by 1.1% in the first quarter. State Street Corp now owns 1,555,172 shares of the business services provider’s stock worth $167,869,000 after buying an additional 16,978 shares in the last quarter. Finally, Bessemer Group Inc. increased its position in Dun & Bradstreet Corporation (The) by 43.5% in the second quarter. Bessemer Group Inc. now owns 1,285,064 shares of the business services provider’s stock worth $138,981,000 after buying an additional 389,334 shares in the last quarter. 92.33% of the stock is owned by hedge funds and other institutional investors.

About Dun & Bradstreet Corporation (The)

The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.

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