Canaccord Genuity Group Reaffirms Buy Rating for dotdigital Group (LON:DOTD)

dotdigital Group (LON:DOTD)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research report issued on Tuesday, MarketBeat Ratings reports. They presently have a GBX 150 price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 109.50% from the company’s current price.

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 110 price target on shares of dotdigital Group in a research report on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 130.

dotdigital Group Price Performance

Shares of LON DOTD opened at GBX 71.60 on Tuesday. The company has a 50 day simple moving average of GBX 66.12 and a two-hundred day simple moving average of GBX 67.90. dotdigital Group has a fifty-two week low of GBX 59.20 and a fifty-two week high of GBX 96.90. The company has a market capitalization of £218.75 million, a price-to-earnings ratio of 20.17, a P/E/G ratio of 11.36 and a beta of 1.16. The company has a debt-to-equity ratio of 3.24, a quick ratio of 3.94 and a current ratio of 3.05.

dotdigital Group (LON:DOTD) last posted its quarterly earnings results on Tuesday, November 4th. The company reported GBX 4.93 earnings per share for the quarter. dotdigital Group had a return on equity of 11.80% and a net margin of 14.01%. Analysts expect that dotdigital Group will post 4.6030099 EPS for the current fiscal year.

Insider Buying and Selling at dotdigital Group

In other dotdigital Group news, insider John Conoley purchased 13,000 shares of the stock in a transaction dated Wednesday, November 12th. The shares were purchased at an average cost of GBX 70 per share, with a total value of £9,100. Insiders acquired a total of 33,000 shares of company stock valued at $2,200,000 in the last three months. 18.17% of the stock is owned by insiders.

dotdigital Group Company Profile

Dotdigital Group plc (AIM: DOTD) is the leading SaaS provider of an AI-powered customer experience and data platform for intelligent, personalised marketing engagement at scale. Dotdigital’s customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale. With Dotdigital, marketing teams can unify and enrich their customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that result in engagements, conversions, and loyalty.

Founded in 1999, Dotdigital is headquartered in London with offices in Manchester, Southampton, New York, Melbourne, Sydney, Singapore, Tokyo and Cape Town.