Dun & Bradstreet (DNB) Upgraded to Overweight at Barclays

Dun & Bradstreet (NYSE:DNB) was upgraded by analysts at Barclays from an “equal weight” rating to an “overweight” rating in a research report issued on Wednesday, Marketbeat reports. The firm currently has a $140.00 price target on the business services provider’s stock, up from their prior price target of $132.00. Barclays’ price objective suggests a potential upside of 17.48% from the stock’s current price.

Several other equities research analysts have also recently commented on DNB. ValuEngine raised shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a research report on Tuesday. Goldman Sachs Group initiated coverage on shares of Dun & Bradstreet in a research report on Wednesday, November 8th. They set a “neutral” rating and a $125.00 price target on the stock. Robert W. Baird cut their price target on shares of Dun & Bradstreet from $130.00 to $127.00 and set an “outperform” rating on the stock in a research report on Friday, November 3rd. Finally, Zacks Investment Research cut shares of Dun & Bradstreet from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $128.40.

Dun & Bradstreet (NYSE:DNB) traded down $1.33 on Wednesday, reaching $119.17. 542,937 shares of the company traded hands, compared to its average volume of 380,230. The company has a market cap of $4,380.00, a PE ratio of 31.11, a P/E/G ratio of 2.52 and a beta of 1.27. Dun & Bradstreet has a 1-year low of $101.17 and a 1-year high of $125.32. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of -1.93.

Dun & Bradstreet (NYSE:DNB) last posted its quarterly earnings data on Monday, February 12th. The business services provider reported $3.22 EPS for the quarter, beating the consensus estimate of $3.04 by $0.18. The business had revenue of $528.30 million for the quarter, compared to analysts’ expectations of $535.82 million. Dun & Bradstreet had a net margin of 8.09% and a negative return on equity of 29.86%. The firm’s revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.99 EPS. equities research analysts predict that Dun & Bradstreet will post 7.37 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of the business. BlackRock Inc. lifted its position in Dun & Bradstreet by 1.1% during the 4th quarter. BlackRock Inc. now owns 3,148,246 shares of the business services provider’s stock worth $372,783,000 after buying an additional 35,296 shares in the last quarter. Bessemer Group Inc. lifted its position in Dun & Bradstreet by 3.0% during the 3rd quarter. Bessemer Group Inc. now owns 1,323,140 shares of the business services provider’s stock worth $154,027,000 after buying an additional 38,076 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Dun & Bradstreet by 3.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 558,374 shares of the business services provider’s stock worth $65,000,000 after buying an additional 17,549 shares in the last quarter. Renaissance Technologies LLC lifted its position in Dun & Bradstreet by 38.6% during the 4th quarter. Renaissance Technologies LLC now owns 460,600 shares of the business services provider’s stock worth $54,540,000 after buying an additional 128,300 shares in the last quarter. Finally, Hermes Investment Management Ltd. lifted its position in Dun & Bradstreet by 6,933.3% during the 4th quarter. Hermes Investment Management Ltd. now owns 375,013 shares of the business services provider’s stock worth $44,405,000 after buying an additional 369,681 shares in the last quarter. 90.86% of the stock is currently owned by hedge funds and other 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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