Insider Buying: Dairy Crest Group plc (DCG) Insider Purchases 1,250 Shares of Stock

Dairy Crest Group plc (LON:DCG) insider Stephen Alexander purchased 1,250 shares of the stock in a transaction dated Friday, December 29th. The shares were acquired at an average cost of GBX 575 ($7.69) per share, for a total transaction of £7,187.50 ($9,610.24).

Shares of Dairy Crest Group plc (LON:DCG) traded down GBX 11 ($0.15) during trading on Wednesday, reaching GBX 568 ($7.59). The company had a trading volume of 241,846 shares, compared to its average volume of 250,129. Dairy Crest Group plc has a 52 week low of GBX 539.50 ($7.21) and a 52 week high of GBX 654 ($8.74). The company has a market capitalization of $803.13 and a price-to-earnings ratio of 562.38.

The company also recently declared a dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 4th will be paid a dividend of GBX 6.30 ($0.08) per share. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, January 4th.

DCG has been the subject of a number of research reports. Peel Hunt reiterated a “buy” rating and set a GBX 680 ($9.09) price objective on shares of Dairy Crest Group in a research report on Monday, November 6th. Numis Securities upped their price target on Dairy Crest Group from GBX 630 ($8.42) to GBX 655 ($8.76) and gave the stock an “add” rating in a research report on Friday, September 8th. Kepler Capital Markets restated a “reduce” rating and issued a GBX 560 ($7.49) price target on shares of Dairy Crest Group in a research report on Thursday, November 9th. Whitman Howard restated a “hold” rating and issued a GBX 630 ($8.42) price target on shares of Dairy Crest Group in a research report on Wednesday, September 13th. Finally, Jefferies Group restated an “underperform” rating and issued a GBX 515 ($6.89) price target on shares of Dairy Crest Group in a research report on Wednesday, September 20th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 625 ($8.36).

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Dairy Crest Group 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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