Stock analysts at Barclays Capital boosted their price target on shares of Dun & Bradstreet Corp. (NYSE:DNB) from $92.00 to $110.00 in a report issued on Friday, StockRatingsNetwork reports. The firm currently has an “equal weight” rating on the stock. Barclays Capital’s target price points to a potential upside of 2.72% from the stock’s previous close.
Shares of Dun & Bradstreet Corp. (NYSE:DNB) traded down 0.02% during mid-day trading on Friday, hitting $107.065. Dun & Bradstreet Corp. has a one year low of $70.38 and a one year high of $112.10. The stock’s 50-day moving average is currently $102.7. The company has a market cap of $4.277 billion and a P/E ratio of 16.61.
Dun & Bradstreet Corp. (NYSE:DNB) last announced its earnings results on Wednesday, August 7th. The company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.92 by $0.39. The company had revenue of $386.40 million for the quarter, compared to the consensus estimate of $413.20 million. Analysts expect that Dun & Bradstreet Corp. will post $7.61 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Cazenove upgraded shares of Dun & Bradstreet Corp. from an “underweight” rating to a “neutral” rating in a research note to investors on Friday, June 7th. Analysts at JPMorgan Chase & Co. upgraded shares of Dun & Bradstreet Corp. from an “underweight” rating to a “neutral” rating in a research note to investors on Friday, June 7th. They now have a $100.00 price target on the stock, up previously from $77.00.
One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $89.40.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 18th. Stockholders of record on Tuesday, September 3rd will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, August 29th.
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