Dairy Crest Group plc’s (DCG) Buy Rating Reaffirmed at Peel Hunt
Dairy Crest Group plc (LON:DCG)‘s stock had its “buy” rating reiterated by stock analysts at Peel Hunt in a research report issued to clients and investors on Friday. They presently have a GBX 680 ($8.78) price objective on the stock. Peel Hunt’s target price points to a potential upside of 13.71% from the company’s previous close.
Other analysts have also issued research reports about the stock. Numis Securities Ltd raised shares of Dairy Crest Group plc to an “add” rating and set a GBX 643 ($8.30) price target on the stock in a research report on Monday, May 22nd. Investec raised shares of Dairy Crest Group plc to a “buy” rating and set a GBX 600 ($7.75) price target on the stock in a research report on Tuesday, July 18th. Whitman Howard reaffirmed a “hold” rating and set a GBX 630 ($8.14) price target on shares of Dairy Crest Group plc in a research report on Tuesday, July 18th. Finally, Jefferies Group LLC lowered shares of Dairy Crest Group plc to an “underperform” rating and lifted their price target for the company from GBX 500 ($6.46) to GBX 515 ($6.65) in a research report on Friday, June 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 622.22 ($8.04).
Dairy Crest Group plc (DCG) traded up 0.50% on Friday, hitting GBX 598.00. The stock had a trading volume of 226,652 shares. The stock’s market cap is GBX 836.83 million. The firm’s 50 day moving average price is GBX 589.58 and its 200-day moving average price is GBX 586.96. Dairy Crest Group plc has a 12 month low of GBX 539.50 and a 12 month high of GBX 697.00.
In other Dairy Crest Group plc news, insider Adam Braithwaite sold 3,577 shares of the business’s stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of GBX 581 ($7.50), for a total value 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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