Dun & Bradstreet (DNB) Stock Rating Reaffirmed by Barclays
Dun & Bradstreet (NYSE:DNB)‘s stock had its “equal weight” rating restated by research analysts at Barclays in a report released on Friday, The Fly reports. They currently have a $145.00 target price on the business services provider’s stock, up from their prior target price of $140.00. Barclays’ price target would indicate a potential upside of 2.16% from the company’s current price.
A number of other equities analysts have also commented on DNB. Robert W. Baird raised their price objective on shares of Dun & Bradstreet from $135.00 to $145.00 and gave the stock a “neutral” rating in a research note on Thursday. Wells Fargo & Co raised their price objective on shares of Dun & Bradstreet from $113.00 to $120.00 and gave the stock a “market perform” rating in a research note on Monday, June 25th. ValuEngine raised shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Zacks Investment Research lowered shares of Dun & Bradstreet from a “buy” rating to a “hold” rating in a research note on Tuesday, April 17th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $132.00.
Dun & Bradstreet stock traded down $0.27 during midday trading on Friday, reaching $141.94. The stock had a trading volume of 2,372,760 shares, compared to its average volume of 520,958. Dun & Bradstreet has a twelve month low of $105.42 and a twelve month high of $144.00. The company has a debt-to-equity ratio of -1.56, a quick ratio of 0.52 and a current ratio of 0.52. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of 18.59, a P/E/G ratio of 2.80 and a beta of 1.20.
A number of hedge funds have recently added to or reduced their stakes in the business. AGF Investments Inc. lifted its position in Dun & Bradstreet by 10.7% in the 2nd quarter. AGF Investments Inc. now owns 655,218 shares of the business services provider’s stock worth $80,362,000 after buying an additional 63,321 shares in the last quarter. Commerzbank Aktiengesellschaft FI purchased a new stake in Dun & Bradstreet in the 2nd quarter worth approximately $618,000. AGF Investments America Inc. lifted its position in Dun & Bradstreet by 2.4% in the 2nd quarter. AGF Investments America Inc. now owns 20,935 shares of the business services provider’s stock worth $2,568,000 after buying an additional 486 shares in the last quarter. Investec Asset Management North America Inc. lifted its position in Dun & Bradstreet by 25.8% in the 2nd quarter. Investec Asset Management North America Inc. now owns 186,901 shares of the business services provider’s stock worth $22,923,000 after buying an additional 38,275 shares in the last quarter. Finally, Neuburgh Advisers LLC lifted its position in Dun & Bradstreet by 51.3% in the 2nd quarter. Neuburgh Advisers LLC now owns 8,228 shares of the business services provider’s stock worth $1,009,000 after buying an additional 2,788 shares in the last quarter. Institutional investors own 88.78% of the company’s stock.
Dun & Bradstreet Company Profile
The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.
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