Dairy Crest Group plc (DCG) Given Average Rating of “Hold” by Brokerages

Dairy Crest Group plc (LON:DCG) has been assigned a consensus rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 625 ($8.48).

DCG has been the topic of a number of research reports. Jefferies Group restated an “underperform” rating and issued a GBX 515 ($6.98) price objective on shares of Dairy Crest Group in a report on Wednesday, September 20th. Kepler Capital Markets restated a “reduce” rating and issued a GBX 560 ($7.59) price objective on shares of Dairy Crest Group in a report on Thursday, November 2nd. Whitman Howard reiterated a “buy” rating and set a GBX 680 ($9.22) price target on shares of Dairy Crest Group in a report on Wednesday, November 15th. Peel Hunt reiterated a “buy” rating and set a GBX 680 ($9.22) price target on shares of Dairy Crest Group in a report on Monday, November 6th. Finally, Numis Securities reiterated an “add” rating and set a GBX 655 ($8.88) price target on shares of Dairy Crest Group in a report on Monday, September 18th.

Shares of Dairy Crest Group (LON DCG) traded up GBX 11 ($0.15) during mid-day trading on Tuesday, reaching GBX 584 ($7.92). The company’s stock had a trading volume of 225,942 shares, compared to its average volume of 245,444. The stock has a market cap of $822.93 and a price-to-earnings ratio of 578.22. Dairy Crest Group has a 12 month low of GBX 539.50 ($7.32) and a 12 month high of GBX 654 ($8.87).

The firm also recently disclosed a dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 4th will be given a dividend of GBX 6.30 ($0.09) per share. This represents a dividend yield of 1.11%. The ex-dividend date of this dividend is Thursday, January 4th.

In other Dairy Crest Group news, insider Stephen Alexander acquired 1,250 shares of the business’s stock in a transaction that occurred on Friday, December 29th. The stock was purchased at an average cost of GBX 575 ($7.80) per share, with a total value of £7,187.50 ($9,747.08).

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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.

Analyst Recommendations for Dairy Crest Group (LON:DCG)

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