Dairy Crest Group (LON:DCG) Given New GBX 650 Price Target at Peel Hunt

Dairy Crest Group (LON:DCG) had its price objective cut by equities research analysts at Peel Hunt from GBX 680 ($9.55) to GBX 650 ($9.12) in a report released on Wednesday, March 14th. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price would indicate a potential upside of 26.71% from the company’s current price.

Several other analysts have also commented on DCG. Kepler Capital Markets reissued a “reduce” rating and set a GBX 560 ($7.86) price target on shares of Dairy Crest Group in a research report on Thursday, February 1st. Numis Securities reissued an “add” rating and set a GBX 655 ($9.19) price target on shares of Dairy Crest Group in a research report on Wednesday, January 31st. Finally, Whitman Howard reissued a “buy” rating and set a GBX 680 ($9.55) price target on shares of Dairy Crest Group in a research report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of GBX 610 ($8.56).

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Dairy Crest Group stock traded up GBX 4.50 ($0.06) during midday trading on Wednesday, hitting GBX 513 ($7.20). 188,370 shares of the company’s stock were exchanged, compared to its average volume of 335,258. Dairy Crest Group has a 12 month low of GBX 503 ($7.06) and a 12 month high of GBX 654 ($9.18).

In related news, insider Mark Allen sold 10,000 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of GBX 575 ($8.07), for a total value of £57,500 ($80,713.08).

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Dairy Crest Group Company Profile

Dairy Crest Group plc is a United Kingdom-based dairy company. The Company processes and markets branded dairy products. The Company’s segments include Cheese & Functional Ingredients and Butters, Spreads & Oils. It produces and markets Cathedral City, a cheese brand, and the Davidstow cheddar brand.

Analyst Recommendations for Dairy Crest Group (LON:DCG)

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