ValuEngine Upgrades Donnelley Financial Solutions Inc. (DFIN) to “Buy”

Donnelley Financial Solutions Inc. (NYSE:DFIN) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

A number of other research firms have also issued reports on DFIN. BidaskClub upgraded Donnelley Financial Solutions from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 28th. J P Morgan Chase & Co assumed coverage on Donnelley Financial Solutions in a research note on Tuesday, August 15th. They set a “neutral” rating and a $24.00 target price on the stock. Citigroup Inc. reaffirmed a “neutral” rating and set a $22.00 target price on shares of Donnelley Financial Solutions in a research note on Thursday, November 16th. Finally, Zacks Investment Research downgraded Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Donnelley Financial Solutions presently has a consensus rating of “Hold” and an average target price of $23.33.

Donnelley Financial Solutions (NYSE DFIN) opened at $20.23 on Wednesday. Donnelley Financial Solutions has a 12-month low of $18.03 and a 12-month high of $27.08. The company has a market capitalization of $669.91 and a P/E ratio of 14.11. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.57 and a quick ratio of 1.44.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece can be viewed at https://www.com-unik.info/2017/11/24/valuengine-upgrades-donnelley-financial-solutions-inc-dfin-to-buy.html.

Institutional investors and hedge funds have recently bought and sold shares of the company. Lord Abbett & CO. LLC raised its position in shares of Donnelley Financial Solutions by 466.8% during the second quarter. Lord Abbett & CO. LLC now owns 787,399 shares of the company’s stock worth $18,079,000 after purchasing an additional 648,482 shares during the period. Bank of New York Mellon Corp raised its position in shares of Donnelley Financial Solutions by 79.4% during the second quarter. Bank of New York Mellon Corp now owns 1,782,345 shares of the company’s stock worth $40,923,000 after purchasing an additional 788,940 shares during the period. American Century Companies Inc. acquired a new stake in shares of Donnelley Financial Solutions during the second quarter worth $6,556,000. Vanguard Group Inc. raised its position in shares of Donnelley Financial Solutions by 20.1% during the second quarter. Vanguard Group Inc. now owns 2,922,945 shares of the company’s stock worth $67,111,000 after purchasing an additional 489,428 shares during the period. Finally, Swiss National Bank raised its position in shares of Donnelley Financial Solutions by 19.9% during the second quarter. Swiss National Bank now owns 54,304 shares of the company’s stock worth $1,247,000 after purchasing an additional 9,000 shares during the period. 87.44% of the stock is currently owned by institutional investors.

Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.

What are top analysts saying about Donnelley Financial Solutions Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Donnelley Financial Solutions Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit