Liberum Capital Reaffirms “Hold” Rating for Daily Mail and General Trust P L C (DMGT)

Daily Mail and General Trust P L C (LON:DMGT)‘s stock had its “hold” rating reiterated by investment analysts at Liberum Capital in a report released on Thursday. They currently have a GBX 765 ($10.37) target price on the stock. Liberum Capital’s price target suggests a potential upside of 20.09% from the company’s current price.

Several other equities analysts also recently commented on the stock. BNP Paribas upgraded shares of Daily Mail and General Trust P L C to a “neutral” rating and upped their price objective for the company from GBX 530 ($7.19) to GBX 630 ($8.54) in a report on Wednesday. Goldman Sachs Group downgraded shares of Daily Mail and General Trust P L C to a “sell” rating and decreased their price objective for the company from GBX 601 ($8.15) to GBX 564 ($7.65) in a report on Tuesday. Citigroup downgraded shares of Daily Mail and General Trust P L C to a “neutral” rating and decreased their price objective for the company from GBX 880 ($11.93) to GBX 600 ($8.14) in a report on Tuesday, December 5th. Deutsche Bank decreased their price objective on shares of Daily Mail and General Trust P L C from GBX 750 ($10.17) to GBX 635 ($8.61) and set a “hold” rating on the stock in a report on Monday, December 4th. Finally, Barclays decreased their price objective on shares of Daily Mail and General Trust P L C from GBX 600 ($8.14) to GBX 500 ($6.78) and set an “underweight” rating on the stock in a report on Friday, December 1st. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 701.64 ($9.52).

Daily Mail and General Trust P L C (DMGT) traded down GBX 13 ($0.18) during trading hours on Thursday, hitting GBX 637 ($8.64). 939,896 shares of the company’s stock traded hands, compared to its average volume of 639,492. Daily Mail and General Trust P L C has a 12-month low of GBX 500 ($6.78) and a 12-month high of GBX 769 ($10.43). The firm has a market capitalization of $2,150.00 and a P/E ratio of -1,300.00.

In other news, insider Kevin Beatty sold 61,339 shares of the business’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of GBX 603 ($8.18), for a total value of £369,874.17 ($501,592.31). Also, insider Kevin A. H. Parry bought 8,891 shares of Daily Mail and General Trust P L C stock in a transaction dated Friday, December 1st. The stock was acquired at an average cost of GBX 556 ($7.54) per share, with a total value of £49,433.96 ($67,038.19). In the last three months, insiders bought 8,956 shares of company stock valued at $4,983,829.

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About Daily Mail and General Trust P L C

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 P L C (LON:DMGT)

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