Dun & Bradstreet (NYSE:DNB) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Tuesday.
Other equities research analysts have also issued reports about the stock. Barclays upgraded shares of Dun & Bradstreet from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $105.00 to $125.00 in a report on Monday, November 13th. Goldman Sachs Group initiated coverage on shares of Dun & Bradstreet in a report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price objective for the company. Robert W. Baird lowered their price objective on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating for the company in a report on Friday, November 3rd. Finally, Zacks Investment Research lowered shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a report on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Dun & Bradstreet has a consensus rating of “Hold” and an average price target of $125.75.
Shares of Dun & Bradstreet (DNB) traded up $8.87 on Tuesday, hitting $120.50. 1,582,456 shares of the stock were exchanged, compared to its average volume of 374,815. The company has a market cap of $4,035.63, a price-to-earnings ratio of 23.22, a price-to-earnings-growth ratio of 2.47 and a beta of 1.27. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of -1.93. Dun & Bradstreet has a 1 year low of $101.17 and a 1 year high of $125.32.
Several hedge funds and other institutional investors have recently modified their holdings of DNB. The Manufacturers Life Insurance Company increased its stake in shares of Dun & Bradstreet by 28.4% in the second quarter. The Manufacturers Life Insurance Company now owns 54,162 shares of the business services provider’s stock worth $5,858,000 after buying an additional 11,978 shares during the period. Nomura Holdings Inc. purchased a new position in shares of Dun & Bradstreet in the second quarter worth $206,000. Ameritas Investment Partners Inc. increased its stake in shares of Dun & Bradstreet by 1,172.0% in the second quarter. Ameritas Investment Partners Inc. now owns 11,041 shares of the business services provider’s stock worth $1,194,000 after buying an additional 10,173 shares during the period. Mutual of America Capital Management LLC increased its stake in shares of Dun & Bradstreet by 3.2% in the third quarter. Mutual of America Capital Management LLC now owns 30,282 shares of the business services provider’s stock worth $3,525,000 after buying an additional 938 shares during the period. Finally, APG Asset Management N.V. increased its stake in shares of Dun & Bradstreet by 17.2% in the third quarter. APG Asset Management N.V. now owns 160,100 shares of the business services provider’s stock worth $18,637,000 after buying an additional 23,500 shares during the period. 90.86% of the stock is currently owned by institutional investors.
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About Dun & Bradstreet
The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.
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