Daily Mail and General Trust P L C (LON:DMGT) was upgraded by stock analysts at BNP Paribas to a “neutral” rating in a research note issued to investors on Wednesday. The firm presently has a GBX 630 ($8.54) target price on the stock, up from their previous target price of GBX 530 ($7.19). BNP Paribas’ price objective would suggest a potential downside of 1.10% from the company’s previous close.
DMGT has been the subject of a number of other research reports. Deutsche Bank reduced their price target on Daily Mail and General Trust P L C from GBX 750 ($10.17) to GBX 635 ($8.61) and set a “hold” rating for the company in a report on Monday, December 4th. Citigroup reissued a “buy” rating on shares of Daily Mail and General Trust P L C in a report on Wednesday, November 29th. Numis Securities reissued a “buy” rating and issued a GBX 970 ($13.15) price target on shares of Daily Mail and General Trust P L C in a report on Monday, October 2nd. Liberum Capital reissued a “hold” rating and issued a GBX 765 ($10.37) price target on shares of Daily Mail and General Trust P L C in a report on Monday, January 15th. Finally, Berenberg Bank initiated coverage on Daily Mail and General Trust P L C in a report on Friday, November 17th. They issued a “buy” rating and a GBX 800 ($10.85) price target for the company. Two analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. Daily Mail and General Trust P L C presently has a consensus rating of “Hold” and an average target price of GBX 701.64 ($9.52).
Shares of Daily Mail and General Trust P L C (LON:DMGT) traded down GBX 13 ($0.18) on Wednesday, reaching GBX 637 ($8.64). The company had a trading volume of 939,896 shares, compared to its average volume of 639,492. The stock 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 1 year low of GBX 500 ($6.78) and a 1 year high of GBX 769 ($10.43).
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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.
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