dotdigital Group’s (DOTD) “Buy” Rating Reaffirmed at Canaccord Genuity Group

dotdigital Group (LON:DOTD)‘s stock had its “buy” rating reiterated by Canaccord Genuity Group in a research note issued to investors on Tuesday,Digital Look reports. They presently have a GBX 135 price objective on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 170.27% from the company’s previous close.

dotdigital Group Stock Performance

Shares of LON DOTD traded up GBX 1.95 during midday trading on Tuesday, reaching GBX 49.95. 1,695,817 shares of the stock were exchanged, compared to its average volume of 1,722,906. The company has a quick ratio of 3.94, a current ratio of 3.11 and a debt-to-equity ratio of 1.46. The firm has a market cap of £151.47 million, a price-to-earnings ratio of 16.99, a PEG ratio of 11.36 and a beta of 1.45. The firm has a 50-day simple moving average of GBX 46.45 and a two-hundred day simple moving average of GBX 52.03. dotdigital Group has a twelve month low of GBX 40.80 and a twelve month high of GBX 76.

About dotdigital Group

Dotdigital Group plc (AIM: DOTD) is the leading SaaS provider of an AI-powered customer experience and data platform for intelligent, personalised marketing engagement at scale. Dotdigital’s customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale. With Dotdigital, marketing teams can unify and enrich their customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that result in engagements, conversions, and loyalty.

Founded in 1999, Dotdigital is headquartered in London with offices in Manchester, Southampton, New York, Melbourne, Sydney, Singapore, Tokyo and Cape Town.