Dairy Crest Group plc (DCG) Stock Rating Reaffirmed by Shore Capital
Dairy Crest Group plc (LON:DCG)‘s stock had its “house stock” rating reissued by analysts at Shore Capital in a research report issued to clients and investors on Monday.
Several other research firms have also recently weighed in on DCG. Peel Hunt reissued a “buy” rating and set a GBX 680 ($9.17) price target on shares of Dairy Crest Group plc in a report on Monday. Numis Securities Ltd reissued an “add” rating and set a GBX 655 ($8.83) price target on shares of Dairy Crest Group plc in a report on Monday. Whitman Howard reissued a “hold” rating and set a GBX 630 ($8.49) price target on shares of Dairy Crest Group plc in a report on Wednesday, September 13th. Investec raised Dairy Crest Group plc to a “buy” rating and set a GBX 600 ($8.09) price target on the stock in a report on Tuesday, July 18th. Finally, Jefferies Group LLC cut Dairy Crest Group plc to an “underperform” rating and increased their price target for the company from GBX 500 ($6.74) to GBX 515 ($6.94) in a report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. Dairy Crest Group plc currently has a consensus rating of “Hold” and a consensus price target of GBX 622.22 ($8.39).
Shares of Dairy Crest Group plc (LON:DCG) opened at 622.50 on Monday. The stock’s market capitalization is GBX 871.11 million. The firm has a 50-day moving average price of GBX 591.68 and a 200-day moving average price of GBX 589.01. Dairy Crest Group plc has a 52-week low of GBX 539.50 and a 52-week high of GBX 669.00.
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In other news, insider Adam Braithwaite sold 3,577 shares of the company’s stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of GBX 581 ($7.83), for a total value of £20,782.37 ($28,019.91).
Dairy Crest Group plc 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, Spreads and Other. It has two product groups: cheese & whey, and butters, spreads & oils. It produces and markets Cathedral City, a cheese brand, and the Davidstow cheddar brand.
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