Dignity (DTY) Rating Reiterated by Peel Hunt
Dignity (LON:DTY)‘s stock had its “hold” rating reissued by analysts at Peel Hunt in a research note issued to investors on Tuesday. They currently have a GBX 2,400 ($32.30) target price on the stock. Peel Hunt’s price target indicates a potential upside of 50.09% from the company’s current price.
Other equities research analysts have also recently issued research reports about the stock. Berenberg Bank cut shares of Dignity to a “hold” rating and cut their price objective for the stock from GBX 2,950 ($39.70) to GBX 2,350 ($31.63) in a research report on Thursday, November 16th. reissued a “hold” rating and set a GBX 2,500 ($33.65) target price on shares of Dignity in a research note on Monday, November 13th. Finally, Numis Securities reaffirmed a “hold” rating and issued a GBX 2,500 ($33.65) price objective on shares of Dignity in a research note on Monday, November 13th.
Shares of Dignity (LON:DTY) traded up GBX 5 ($0.07) during trading on Tuesday, hitting GBX 1,599 ($21.52). 188,998 shares of the company were exchanged, compared to its average volume of 366,234. Dignity has a 1-year low of GBX 1,581 ($21.28) and a 1-year high of GBX 2,791 ($37.56).
In other news, insider Andrew Davies sold 65,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of GBX 2,241 ($30.16), for a total value of £1,456,650 ($1,960,497.98).
Dignity plc is a United Kingdom-based provider of funeral related services in the United Kingdom. The Company operates through three segments: funeral services, crematoria and pre-arranged funeral plans. The Company’s funeral services relate to the provision of funerals and ancillary items, such as memorials and floral tributes.
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