Daily Mail and General Trust (DMGT) PT Lowered to GBX 500 at Barclays

Daily Mail and General Trust (LON:DMGT) had its price objective decreased by Barclays from GBX 600 ($8.04) to GBX 500 ($6.70) in a research note issued to investors on Friday. The brokerage currently has an “underweight” rating on the stock. Barclays’ target price points to a potential downside of 10.21% from the stock’s previous close.

A number of other equities research analysts have also issued reports on DMGT. Liberum Capital lowered Daily Mail and General Trust to a “hold” rating and reduced their target price for the company from GBX 785 ($10.51) to GBX 765 ($10.25) in a research note on Thursday. Numis Securities cut their price objective on shares of Daily Mail and General Trust from GBX 970 ($12.99) to GBX 905 ($12.12) and set a “buy” rating on the stock in a report on Thursday. Citigroup reaffirmed a “buy” rating on shares of Daily Mail and General Trust in a research note on Wednesday. Berenberg Bank started coverage on shares of Daily Mail and General Trust in a research note on Friday, November 17th. They set a “buy” rating and a GBX 800 ($10.71) target price for the company. Finally, Deutsche Bank reaffirmed a “hold” rating and set a GBX 750 ($10.04) price target on shares of Daily Mail and General Trust in a research report on Tuesday, October 3rd. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 788.54 ($10.56).

Shares of Daily Mail and General Trust (DMGT) opened at GBX 556.83 ($7.46) on Friday. Daily Mail and General Trust has a fifty-two week low of GBX 605.50 ($8.11) and a fifty-two week high of GBX 836 ($11.20).

In other news, insider The Viscount Rothermere sold 88,385 shares of Daily Mail and General Trust stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of GBX 613 ($8.21), for a total value of £541,800.05 ($725,592.67). Insiders bought 65 shares of company stock valued at $42,458 over the last ninety days.

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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.

Analyst Recommendations for Daily Mail and General Trust (LON:DMGT)

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