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).
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).
WARNING: “Dairy Crest Group (LON:DCG) Given New GBX 650 Price Target at Peel Hunt” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.dispatchtribunal.com/2018/04/08/peel-hunt-trims-dairy-crest-group-dcg-target-price-to-gbx-650.html.
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.
Receive News & Ratings for Dairy Crest Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dairy Crest Group and related companies with MarketBeat.com's FREE daily email newsletter.