Dun & Bradstreet (DNB) Upgraded at ValuEngine

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.

Dun & Bradstreet (NYSE:DNB) last announced its quarterly earnings data on Monday, February 12th. The business services provider reported $3.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.04 by $0.18. The firm had revenue of $528.30 million during the quarter, compared to analyst estimates of $535.82 million. Dun & Bradstreet had a net margin of 11.12% and a negative return on equity of 28.31%. The business’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.99 EPS. equities research analysts forecast that Dun & Bradstreet will post 7.17 EPS for the current year.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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