Daily Mail and General Trust plc (LON:DMGT) insider Kevin A. H. Parry purchased 8,891 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were purchased at an average cost of GBX 556 ($7.45) per share, for a total transaction of £49,433.96 ($66,203.24).
Shares of Daily Mail and General Trust plc (DMGT) traded up GBX 28.50 ($0.38) during trading on Friday, reaching GBX 563 ($7.54). 3,100,702 shares of the company’s stock traded hands, compared to its average volume of 723,452. Daily Mail and General Trust plc has a 1 year low of GBX 605.50 ($8.11) and a 1 year high of GBX 836 ($11.20).
Several research firms have recently issued reports on DMGT. Barclays lowered their price objective on Daily Mail and General Trust from GBX 600 ($8.04) to GBX 500 ($6.70) and set an “underweight” rating for the company in a research report on Friday. Liberum Capital lowered Daily Mail and General Trust to a “hold” rating and cut their price objective for the company from GBX 785 ($10.51) to GBX 765 ($10.25) in a research report on Thursday. Numis Securities cut their price objective on 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 research report on Thursday. Citigroup restated a “buy” rating and set a GBX 895 ($11.99) target price on shares of Daily Mail and General Trust in a research note on Thursday, September 28th. Finally, 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 research note on Tuesday, October 3rd. Three research analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 788.54 ($10.56).
About Daily Mail and General Trust
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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