Daily Mail and General Trust (DMGT) Price Target Cut to GBX 905 by Analysts at Numis Securities
Daily Mail and General Trust (LON:DMGT) had its price objective reduced by stock analysts at Numis Securities from GBX 970 ($12.99) to GBX 905 ($12.12) in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. Numis Securities’ price target would indicate a potential upside of 69.32% from the company’s current price.
Other research analysts have also recently issued research reports about the stock. Liberum Capital restated a “buy” rating and set a GBX 785 ($10.51) target price on shares of Daily Mail and General Trust in a report on Friday, September 29th. Citigroup restated a “buy” rating and set a GBX 895 ($11.99) target price on shares of Daily Mail and General Trust in a report on Thursday, September 28th. Berenberg Bank initiated coverage on shares of Daily Mail and General Trust in a report on Friday, November 17th. They set a “buy” rating and a GBX 800 ($10.71) target price for the company. Deutsche Bank restated a “hold” rating and set a GBX 750 ($10.04) target price on shares of Daily Mail and General Trust in a report on Tuesday, October 3rd. Finally, Barclays reaffirmed an “underweight” rating and set a GBX 600 ($8.04) price target on shares of Daily Mail and General Trust in a research report on Tuesday, October 3rd. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 796.23 ($10.66).
Daily Mail and General Trust (LON:DMGT) traded down GBX 167.50 ($2.24) during trading on Thursday, hitting GBX 534.50 ($7.16). 5,479,829 shares of the stock traded hands, compared to its average volume of 723,452. Daily Mail and General Trust has a 12 month low of GBX 605.50 ($8.11) and a 12 month high of GBX 836 ($11.20).
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Daily Mail and General Trust Company Profile
Daily Mail and General Trust plc manages a multinational portfolio of companies that provide a range of businesses and consumers with information, analysis, insight, news and entertainment. The Company’s segments include RMS, dmg information, dmg events, Euromoney and dmg media. The RMS segment produces risk models, software applications and analytical data services used by the global risk and insurance industry to quantify and manage catastrophic risks.
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