Barclays Increases Daily Mail and General Trust (LON:DMGT) Price Target to GBX 955

Daily Mail and General Trust (LON:DMGT) had its price target boosted by investment analysts at Barclays from GBX 775 ($10.13) to GBX 955 ($12.48) in a research note issued to investors on Thursday, Digital Look reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price indicates a potential upside of 7.55% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,240 ($16.20) price objective on shares of Daily Mail and General Trust in a research note on Tuesday, February 23rd. Berenberg Bank increased their target price on Daily Mail and General Trust from GBX 925 ($12.09) to GBX 1,070 ($13.98) and gave the company a “buy” rating in a research note on Friday, March 5th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 966.60 ($12.63).

Shares of LON DMGT traded down GBX 6 ($0.08) during midday trading on Thursday, reaching GBX 888 ($11.60). 125,322 shares of the company’s stock were exchanged, compared to its average volume of 192,358. The company has a debt-to-equity ratio of 28.24, a quick ratio of 1.43 and a current ratio of 1.51. Daily Mail and General Trust has a 52-week low of GBX 601 ($7.85) and a 52-week high of GBX 997 ($13.03). The business’s fifty day moving average price is GBX 888.32 and its two-hundred day moving average price is GBX 769.87. The stock has a market capitalization of £1.87 billion and a PE ratio of 10.94.

About Daily Mail and General Trust

Daily Mail and General Trust plc manage a portfolio of companies that provides information, analysis, insight, events, news, and entertainment services to businesses and consumers in the United Kingdom, North America, and internationally. It operates in five divisions: Insurance Risk, Property Information, EdTech, Events and Exhibitions, and Consumer Media.

Read More: Purposes and Functions of the Federal Reserve

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

Receive News & Ratings for Daily Mail and General Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daily Mail and General Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Comments


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