Dotdigital Group (LON:DOTD) Earns “Buy” Rating from Canaccord Genuity
Dotdigital Group (LON:DOTD)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity in a research report issued on Tuesday, Digital Look reports. They presently have a GBX 130 ($1.70) price objective on the stock. Canaccord Genuity’s target price would indicate a potential upside of 34.02% from the stock’s current price.
A number of other brokerages have also issued reports on DOTD. Peel Hunt reaffirmed a “buy” rating on shares of Dotdigital Group in a research report on Tuesday. FinnCap reaffirmed a “corporate” rating on shares of Dotdigital Group in a research report on Tuesday.
DOTD stock traded up GBX 6 ($0.08) on Tuesday, reaching GBX 97 ($1.27). 541,104 shares of the company were exchanged, compared to its average volume of 500,381. Dotdigital Group has a 12 month low of GBX 72.50 ($0.95) and a 12 month high of GBX 114 ($1.49). The stock’s fifty day moving average price is GBX 90.71 and its 200 day moving average price is GBX 96.31. The firm has a market capitalization of $270.61 million and a PE ratio of 33.45.
dotdigital Group Plc provides intuitive software as a service (SaaS) and managed services under the dotmailer and Comapi brand names to digital marketing professionals in the United Kingdom, the United States, and internationally. The company offers dotMailer, a SaaS marketing platform that enables marketers to create, send, and automate marketing campaigns, including email; and Comapi, a secure enterprise cloud communications platform for messaging.
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