Daily Mail and General Trust P L C (LON:DMGT) Price Target Increased to GBX 950 by Analysts at Berenberg Bank

Daily Mail and General Trust P L C (LON:DMGT) had its price objective boosted by Berenberg Bank from GBX 850 ($11.11) to GBX 950 ($12.41) in a research note released on Wednesday morning, Digital Look reports. The firm currently has a buy rating on the stock.

Several other analysts have also commented on DMGT. Deutsche Bank reiterated a hold rating on shares of Daily Mail and General Trust P L C in a research report on Friday, July 12th. Morgan Stanley increased their price target on shares of Daily Mail and General Trust P L C from GBX 800 ($10.45) to GBX 900 ($11.76) and gave the company an equal weight rating in a research report on Wednesday, August 28th. Numis Securities reiterated a buy rating and issued a GBX 877 ($11.46) price target on shares of Daily Mail and General Trust P L C in a research report on Thursday, May 30th. JPMorgan Chase & Co. increased their price target on shares of Daily Mail and General Trust P L C from GBX 870 ($11.37) to GBX 950 ($12.41) and gave the company an overweight rating in a research report on Wednesday, August 28th. Finally, Credit Suisse Group increased their price target on shares of Daily Mail and General Trust P L C from GBX 685 ($8.95) to GBX 741 ($9.68) and gave the company a neutral rating in a research report on Thursday, May 30th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 758.80 ($9.92).

DMGT stock opened at GBX 846 ($11.05) on Wednesday. The company’s 50 day simple moving average is GBX 782.12 and its 200-day simple moving average is GBX 718.62. The firm has a market capitalization of $1.78 billion and a PE ratio of 4.89. Daily Mail and General Trust P L C has a 12 month low of GBX 555 ($7.25) and a 12 month high of GBX 836 ($10.92). The company has a debt-to-equity ratio of 27.34, a current ratio of 1.03 and a quick ratio of 0.50.



In related news, insider The Viscount Rothermere sold 135,834 shares of the firm’s stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of GBX 770 ($10.06), for a total transaction of £1,045,921.80 ($1,366,682.09). In the last 90 days, insiders have purchased 54 shares of company stock worth $42,802.

About Daily Mail and General Trust P L C

Daily Mail and General Trust plc, together with its subsidiaries, engages in digital, information, events, and media businesses in the United Kingdom, North America, rest of Europe, Australia, and internationally. The company provides risk models, software applications, and analytical data services for the risk and insurance industry; business-to-business information, analysis, and software for the property, education technology, and energy sectors; and organizes exhibitions and conferences focusing on the energy, construction, interiors, hotel, and hospitality and leisure sectors.

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Analyst Recommendations for Daily Mail and General Trust P L C (LON:DMGT)

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