Dairy Crest Group plc (DCG) Price Target Raised to GBX 720
Dairy Crest Group plc (LON:DCG) had its target price hoisted by equities research analysts at Peel Hunt from GBX 660 ($8.79) to GBX 720 ($9.59) in a report released on Monday. The firm presently has a “buy” rating on the stock. Peel Hunt’s target price suggests a potential upside of 7.78% from the stock’s current price.
Several other research analysts have also commented on DCG. Numis Securities Ltd dropped their price objective on shares of Dairy Crest Group plc from GBX 665 ($8.86) to GBX 649 ($8.64) and set an “add” rating for the company in a research note on Tuesday, May 24th. Investec dropped their price objective on shares of Dairy Crest Group plc from GBX 625 ($8.32) to GBX 600 ($7.99) and set a “buy” rating for the company in a research note on Thursday, June 2nd. Shore Capital reaffirmed a “house stock” rating on shares of Dairy Crest Group plc in a research note on Tuesday, July 19th. Jefferies Group reaffirmed a “buy” rating and set a GBX 640 ($8.52) price objective on shares of Dairy Crest Group plc in a research note on Thursday, August 25th. Finally, JPMorgan Chase & Co. raised shares of Dairy Crest Group plc to an “overweight” rating in a research note on Friday, July 1st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company’s stock. Dairy Crest Group plc has a consensus rating of “Hold” and a consensus target price of GBX 631.56 ($8.41).
Shares of Dairy Crest Group plc (LON:DCG) opened at 667.943787 on Monday. The firm’s 50-day moving average is GBX 652.85 and its 200-day moving average is GBX 594.87. The company’s market capitalization is GBX 931.69 million. Dairy Crest Group plc has a 1-year low of GBX 503.00 and a 1-year high of GBX 700.00.
Dairy Crest Group plc Company Profile
Dairy Crest Group plc processes and markets branded dairy products and fresh milk. The Company is engaged in the branded cheese and whey and spreads and butter businesses. It offers its products in three product groups: cheese and whey; spreads and butters, and dairies. It has a cheese brand in the United Kingdom, Cathedral City, and operates a cheese supply chain.
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