Daily Mail and General Trust P L C (LON:DMGT) Price Target Raised to GBX 870

Daily Mail and General Trust P L C (LON:DMGT) had its price objective raised by Liberum Capital from GBX 750 ($9.80) to GBX 870 ($11.37) in a research report released on Tuesday morning, ThisIsMoney.Co.Uk reports. The brokerage currently has a hold rating on the stock.

Several other analysts have also weighed in on the company. Credit Suisse Group increased their price target on Daily Mail and General Trust P L C from GBX 760 ($9.93) to GBX 910 ($11.89) and gave the company a neutral rating in a report on Friday, September 13th. JPMorgan Chase & Co. increased their price target on Daily Mail and General Trust P L C from GBX 870 ($11.37) to GBX 950 ($12.41) and gave the company an overweight rating in a report on Wednesday, August 28th. Morgan Stanley increased their price target on Daily Mail and General Trust P L C from GBX 800 ($10.45) to GBX 900 ($11.76) and gave the company an equal weight rating in a report on Wednesday, August 28th. Deutsche Bank restated a hold rating on shares of Daily Mail and General Trust P L C in a report on Friday, July 12th. Finally, Berenberg Bank increased their price target on Daily Mail and General Trust P L C from GBX 850 ($11.11) to GBX 950 ($12.41) and gave the company a buy rating in a report on Wednesday, September 11th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of GBX 783.80 ($10.24).

Shares of DMGT opened at GBX 844 ($11.03) on Tuesday. The stock has a market capitalization of $1.78 billion and a price-to-earnings ratio of 4.88. Daily Mail and General Trust P L C has a 1 year low of GBX 555 ($7.25) and a 1 year high of GBX 859 ($11.22). The business’s 50 day simple moving average is GBX 818.40 and its 200-day simple moving average is GBX 744.18. The company has a debt-to-equity ratio of 27.34, a current ratio of 1.03 and a quick ratio of 0.50.

In other Daily Mail and General Trust P L C news, insider The Viscount Rothermere sold 135,834 shares of the company’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of GBX 770 ($10.06), for a total value of £1,045,921.80 ($1,366,682.09). Also, insider Kevin Beatty sold 6,328 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of GBX 826 ($10.79), for a total value of £52,269.28 ($68,299.07). Insiders have purchased a total of 53 shares of company stock worth $42,833 in the last 90 days.

About Daily Mail and General Trust P L C

Daily Mail and General Trust plc, together with its subsidiaries, engages in digital, information, events, and media businesses in the United Kingdom, North America, rest of Europe, Australia, and internationally. The company provides risk models, software applications, and analytical data services for the risk and insurance industry; business-to-business information, analysis, and software for the property, education technology, and energy sectors; and organizes exhibitions and conferences focusing on the energy, construction, interiors, hotel, and hospitality and leisure sectors.

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Analyst Recommendations for Daily Mail and General Trust P L C (LON:DMGT)

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