Dairy Crest Group plc (DCG) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Dairy Crest Group plc (LON:DCG) have earned an average rating of “Hold” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 622.22 ($8.21).
A number of equities research analysts have issued reports on DCG shares. Peel Hunt reiterated a “buy” rating and issued a GBX 680 ($8.97) target price on shares of Dairy Crest Group plc in a research report on Monday, September 18th. Numis Securities Ltd raised their price target on shares of Dairy Crest Group plc from GBX 630 ($8.31) to GBX 655 ($8.64) and gave the company an “add” rating in a report on Friday, September 8th. Investec upgraded shares of Dairy Crest Group plc to a “buy” rating and set a GBX 600 ($7.92) price target on the stock in a report on Tuesday, July 18th. Whitman Howard restated a “hold” rating and set a GBX 630 ($8.31) price target on shares of Dairy Crest Group plc in a report on Tuesday, September 19th. Finally, Jefferies Group LLC restated an “underperform” rating and set a GBX 515 ($6.80) price target on shares of Dairy Crest Group plc in a report on Wednesday, September 20th.
TRADEMARK VIOLATION NOTICE: This story was first posted by American Banking News and is the property of of American Banking News. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/10/26/dairy-crest-group-plc-dcg-receives-consensus-recommendation-of-hold-from-brokerages.html.
Dairy Crest Group plc (DCG) traded up 0.33% during mid-day trading on Thursday, hitting GBX 604.00. The stock had a trading volume of 281,056 shares. Dairy Crest Group plc has a one year low of GBX 539.50 and a one year high of GBX 653.75. The firm’s 50-day moving average is GBX 609.20 and its 200 day moving average is GBX 598.52. The stock’s market cap is GBX 845.23 million.
In other news, insider Adam Braithwaite sold 3,577 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of GBX 581 ($7.67), for a total transaction of £20,782.37 ($27,424.61).
Dairy Crest Group plc Company Profile
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 & Functional Ingredients 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.