Dignity (LON:DTY) Price Target Lowered to GBX 500 at Peel Hunt
Dignity (LON:DTY) had its price objective trimmed by Peel Hunt from GBX 600 ($7.84) to GBX 500 ($6.53) in a research note released on Thursday morning, ThisIsMoney.Co.Uk reports. The firm currently has a sell rating on the stock.
Separately, Berenberg Bank cut their price target on Dignity from GBX 700 ($9.15) to GBX 570 ($7.45) and set a hold rating for the company in a research note on Friday, August 2nd.
Shares of Dignity stock traded up GBX 30.40 ($0.40) during trading hours on Thursday, hitting GBX 520 ($6.79). 69,021 shares of the company were exchanged, compared to its average volume of 574,863. Dignity has a 1 year low of GBX 455.20 ($5.95) and a 1 year high of GBX 1,125 ($14.70). The company has a current ratio of 1.28, a quick ratio of 1.08 and a debt-to-equity ratio of 850.30. The business has a 50-day moving average of GBX 529.05 and a 200-day moving average of GBX 648.10. The stock has a market capitalization of $248.56 million and a price-to-earnings ratio of 21.14.
Dignity plc, together with its subsidiaries, provides funeral services in the United Kingdom. It operates in three segments: Funeral Services, Crematoria, and Prearranged Funeral Plans. The Funeral Services segment provides funerals and ancillary items, such as memorials and floral tributes. The Crematoria segment offers cremation services, as well as sells memorials and burial plots at the company operated crematoria and cemeteries.
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