Dairy Crest Group plc (DCG) Given New GBX 655 Price Target at Numis Securities Ltd
Dairy Crest Group plc (LON:DCG) had its target price increased by investment analysts at Numis Securities Ltd from GBX 630 ($8.14) to GBX 655 ($8.46) in a report released on Friday. The brokerage presently has an “add” rating on the stock. Numis Securities Ltd’s price target points to a potential upside of 9.53% from the stock’s current price.
DCG has been the subject of a number of other research reports. Peel Hunt reissued a “buy” rating and issued a GBX 680 ($8.78) target price on shares of Dairy Crest Group plc in a report on Monday, July 10th. Jefferies Group LLC downgraded Dairy Crest Group plc to an “underperform” rating and raised their target price for the company from GBX 500 ($6.46) to GBX 515 ($6.65) in a report on Friday, June 9th. Whitman Howard reissued a “hold” rating and issued a GBX 630 ($8.14) target price on shares of Dairy Crest Group plc in a report on Tuesday, May 16th. Finally, Investec raised Dairy Crest Group plc to a “buy” rating and set a GBX 600 ($7.75) target price for the company in a report on Tuesday, July 18th. One 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’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 622.22 ($8.04).
Dairy Crest Group plc (LON:DCG) traded up 0.50% during trading on Friday, reaching GBX 598.00. 226,652 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of GBX 589.58 and a 200 day moving average price of GBX 586.96. The firm’s market capitalization is GBX 836.83 million. Dairy Crest Group plc has a 52 week low of GBX 539.50 and a 52 week high of GBX 697.00.
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In other news, insider Adam Braithwaite sold 3,577 shares of Dairy Crest Group plc stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of GBX 581 ($7.50), for a total transaction of £20,782.37 ($26,840.20).
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.
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