Dun & Bradstreet (NYSE:DNB) had its price objective raised by research analysts at JPMorgan Chase & Co. from $117.00 to $124.00 in a report released on Wednesday. The firm currently has a “neutral” rating on the business services provider’s stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 4.05% from the stock’s current price.
Other analysts have also issued research reports about the stock. Barclays raised shares of Dun & Bradstreet from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $132.00 to $140.00 in a report on Wednesday. Robert W. Baird lowered their price target 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. Goldman Sachs Group assumed coverage on shares of Dun & Bradstreet in a report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price target for the company. ValuEngine raised shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a report on Tuesday. 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 equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $128.40.
Shares of Dun & Bradstreet (NYSE:DNB) traded down $1.33 during trading on Wednesday, hitting $119.17. 542,937 shares of the company were exchanged, compared to its average volume of 380,230. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of -1.93. The firm has a market capitalization of $4,380.00, a price-to-earnings ratio of 31.11, a P/E/G ratio of 2.52 and a beta of 1.27. Dun & Bradstreet has a fifty-two week low of $101.17 and a fifty-two week high of $125.32.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cerebellum GP LLC acquired a new stake in Dun & Bradstreet during the 4th quarter worth $128,000. First Mercantile Trust Co. acquired a new stake in Dun & Bradstreet during the 4th quarter worth $184,000. Eagle Ridge Investment Management acquired a new stake in Dun & Bradstreet during the 4th quarter worth $201,000. Moneta Group Investment Advisors LLC acquired a new stake in Dun & Bradstreet during the 3rd quarter worth $204,000. Finally, Magnetar Financial LLC acquired a new stake in Dun & Bradstreet during the 3rd quarter worth $206,000. 90.86% of the stock is owned by hedge funds and other institutional investors.
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Dun & Bradstreet Company Profile
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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