Numis Securities Reiterates “Buy” 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 “buy” rating reiterated by Numis Securities in a research note issued to investors on Thursday. They presently have a GBX 905 ($12.27) price target on the stock. Numis Securities’ target price would suggest a potential upside of 42.07% from the company’s previous close.

A number of other research analysts also recently weighed in on the stock. Citigroup restated a “neutral” rating and set a GBX 600 ($8.14) price objective on shares of Daily Mail and General Trust P L C in a research report on Thursday. Liberum Capital restated a “hold” rating and set a GBX 765 ($10.37) price objective on shares of Daily Mail and General Trust P L C in a research report on Thursday. BNP Paribas upgraded shares of Daily Mail and General Trust P L C to a “neutral” rating and increased their price objective for the company from GBX 530 ($7.19) to GBX 630 ($8.54) in a research report on Wednesday. Goldman Sachs Group downgraded shares of Daily Mail and General Trust P L C to a “sell” rating and lowered their price objective for the company from GBX 601 ($8.15) to GBX 564 ($7.65) in a research report on Tuesday. Finally, Deutsche Bank lowered 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 research report on Monday, December 4th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 701.64 ($9.52).

Shares of Daily Mail and General Trust P L C (LON:DMGT) traded down GBX 13 ($0.18) during trading on Thursday, reaching GBX 637 ($8.64). 939,896 shares of the company were exchanged, compared to its average volume of 639,492. The company has a market capitalization of $2,150.00 and a P/E ratio of -1,300.00. 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).

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

COPYRIGHT VIOLATION NOTICE: This piece was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this piece can be read at https://www.americanbankingnews.com/2018/01/27/numis-securities-reiterates-buy-rating-for-daily-mail-and-general-trust-p-l-c-dmgt.html.

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)

Receive News & Ratings for Daily Mail and General Trust P L C Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daily Mail and General Trust P L C and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply