Daily Mail and General Trust P L C (DMGT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Daily Mail and General Trust P L C (LON:DMGT) have earned an average rating of “Hold” from the eleven ratings firms that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 701.80 ($9.84).

A number of analysts have recently issued reports on the company. Numis Securities reaffirmed a “buy” rating and issued a GBX 905 ($12.69) price target on shares of Daily Mail and General Trust P L C in a research note on Friday. Liberum Capital downgraded Daily Mail and General Trust P L C to a “hold” rating and reduced their price objective for the stock from GBX 785 ($11.01) to GBX 765 ($10.73) in a research report on Thursday, November 30th. Deutsche Bank reiterated a “hold” rating and set a GBX 635 ($8.90) price objective on shares of Daily Mail and General Trust P L C in a research report on Friday, January 26th. BNP Paribas upgraded Daily Mail and General Trust P L C to a “neutral” rating and lifted their price objective for the stock from GBX 530 ($7.43) to GBX 630 ($8.83) in a research report on Wednesday, January 24th. Finally, Citigroup reiterated a “neutral” rating and set a GBX 600 ($8.41) price objective on shares of Daily Mail and General Trust P L C in a research report on Thursday, January 25th.

Shares of Daily Mail and General Trust P L C (LON DMGT) opened at GBX 634.50 ($8.90) on Tuesday. The stock has a market capitalization of $2,190.00 and a P/E ratio of -1,294.90. Daily Mail and General Trust P L C has a 12 month low of GBX 500 ($7.01) and a 12 month high of GBX 769 ($10.78).

The firm also recently announced a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 7th will be given a GBX 15.80 ($0.22) dividend. The ex-dividend date of this dividend is Thursday, December 7th. This represents a yield of 2.81%. This is an increase from Daily Mail and General Trust P L C’s previous dividend of $6.90.

In other Daily Mail and General Trust P L C news, insider Kevin A. H. Parry bought 8,891 shares of Daily Mail and General Trust P L C stock in a transaction on Friday, December 1st. The shares were bought at an average price of GBX 556 ($7.80) per share, for a total transaction of £49,433.96 ($69,312.90). Also, insider Kevin Beatty sold 61,339 shares of Daily Mail and General Trust P L C stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of GBX 603 ($8.45), for a total value of £369,874.17 ($518,612.13). Insiders acquired 8,934 shares of company stock worth $4,968,825 in the last 90 days.

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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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