Dairy Crest Group plc (DCG) Given Consensus Recommendation of “Hold” by Brokerages
Dairy Crest Group plc (LON:DCG) has received a consensus recommendation of “Hold” from the ten analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 619.44 ($8.07).
DCG has been the topic of several recent analyst reports. Numis Securities Ltd raised Dairy Crest Group plc to an “add” rating and set a GBX 643 ($8.37) price target on the stock in a report on Monday, May 22nd. Peel Hunt reiterated a “buy” rating and set a GBX 680 ($8.86) price objective on shares of Dairy Crest Group plc in a research report on Thursday, May 18th. Jefferies Group LLC lowered Dairy Crest Group plc to an “underperform” rating and increased their price objective for the company from GBX 500 ($6.51) to GBX 515 ($6.71) in a research report on Friday, June 9th. Whitman Howard reiterated a “hold” rating and set a GBX 630 ($8.20) price objective on shares of Dairy Crest Group plc in a research report on Tuesday, May 16th. Finally, Investec upgraded Dairy Crest Group plc to a “buy” rating and set a GBX 600 ($7.81) price objective on the stock in a research report on Tuesday, July 18th.
Dairy Crest Group plc (DCG) traded down 0.43% on Friday, reaching GBX 583.50. The company’s stock had a trading volume of 202,119 shares. Dairy Crest Group plc has a 52-week low of GBX 539.50 and a 52-week high of GBX 697.00. The stock’s 50 day moving average price is GBX 587.29 and its 200 day moving average price is GBX 586.69. The firm’s market cap is GBX 816.54 million.
The company also recently disclosed a dividend, which was paid on Friday, August 11th. Stockholders of record on Thursday, July 6th were given a dividend of GBX 16.30 ($0.21) per share. The ex-dividend date of this dividend was Thursday, July 6th. This is a positive change from Dairy Crest Group plc’s previous dividend of $6.20. This represents a dividend yield of 2.76%.
About Dairy Crest Group plc
Dairy Crest Group plc is a United Kingdom-based dairy company. The Company processes and markets branded dairy products. The Company’s segments include Cheese, Spreads and Other. It has two product groups: cheese & whey, and butters, spreads & oils. It produces and markets Cathedral City, a cheese brand, and the Davidstow cheddar brand.
Receive News & Ratings for Dairy Crest Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dairy Crest Group plc and related companies with MarketBeat.com's FREE daily email newsletter.