Dun & Bradstreet (DNB) Price Target Increased to $124.00 by Analysts at JPMorgan Chase & Co.

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.

Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Monday, February 12th. The business services provider reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.04 by $0.18. The business had revenue of $528.30 million during the quarter, compared to analyst estimates of $535.82 million. Dun & Bradstreet had a net margin of 8.09% and a negative return on equity of 29.86%. Dun & Bradstreet’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.99 earnings per share. equities analysts anticipate that Dun & Bradstreet will post 7.37 earnings per share for the current fiscal year.

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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