Dairy Crest Group plc (DCG) Receives Average Recommendation of “Hold” from Analysts
Shares of Dairy Crest Group plc (LON:DCG) have earned an average rating of “Hold” from the ten brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 622.22 ($8.21).
Several research firms recently weighed in on DCG. Shore Capital reissued a “house stock” rating on shares of Dairy Crest Group plc in a research report on Monday, September 18th. Peel Hunt reissued a “buy” rating and set a GBX 680 ($8.97) price objective on shares of Dairy Crest Group plc in a research report on Monday, September 18th. Whitman Howard reissued a “hold” rating and set a GBX 630 ($8.31) price objective on shares of Dairy Crest Group plc in a research report on Wednesday, September 13th. Numis Securities Ltd boosted their price objective on Dairy Crest Group plc from GBX 630 ($8.31) to GBX 655 ($8.64) and gave the stock an “add” rating in a research report on Friday, September 8th. Finally, Investec raised Dairy Crest Group plc to a “buy” rating and set a GBX 600 ($7.92) price objective for the company in a research report on Tuesday, July 18th.
Dairy Crest Group plc (LON DCG) traded down 0.08% during trading on Thursday, hitting GBX 607.50. The stock had a trading volume of 164,446 shares. The company’s market cap is GBX 850.12 million. The company has a 50 day moving average of GBX 609.99 and a 200-day moving average of GBX 599.21. Dairy Crest Group plc has a 12-month low of GBX 539.50 and a 12-month high of GBX 654.00.
In other Dairy Crest Group plc news, insider Adam Braithwaite sold 3,577 shares of the stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of GBX 581 ($7.67), for a total value of £20,782.37 ($27,424.61).
About Dairy Crest Group plc
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.
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