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.
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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.
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