Shares of Daily Mail and General Trust P L C (LON:DMGT) have been assigned a consensus rating of “Hold” from the nine ratings firms that are covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 685.57 ($8.96).
DMGT has been the topic of a number of research reports. Goldman Sachs Group increased their price objective on Daily Mail and General Trust P L C from GBX 562 ($7.34) to GBX 581 ($7.59) and gave the stock a “sell” rating in a report on Monday, June 3rd. Deutsche Bank restated a “hold” rating and issued a GBX 710 ($9.28) price objective (up previously from GBX 640 ($8.36)) on shares of Daily Mail and General Trust P L C in a report on Monday, May 27th. JPMorgan Chase & Co. upgraded Daily Mail and General Trust P L C to an “overweight” rating in a report on Wednesday, May 15th. Credit Suisse Group increased their price objective on Daily Mail and General Trust P L C from GBX 685 ($8.95) to GBX 741 ($9.68) and gave the stock a “neutral” rating in a report on Thursday, May 30th. Finally, Liberum Capital upgraded Daily Mail and General Trust P L C to a “hold” rating in a report on Thursday, May 30th.
In other Daily Mail and General Trust P L C news, insider Paul Zwillenberg sold 54,150 shares of the stock in a transaction that occurred on Tuesday, June 4th. The stock was sold at an average price of GBX 742 ($9.70), for a total transaction of £401,793 ($525,013.72). Insiders purchased 61 shares of company stock worth $42,883 in the last 90 days.
Shares of DMGT traded up GBX 1 ($0.01) during trading hours on Friday, reaching GBX 768 ($10.04). The company’s stock had a trading volume of 286,456 shares, compared to its average volume of 640,086. The company has a market cap of $1.75 billion and a price-to-earnings ratio of 4.44. Daily Mail and General Trust P L C has a 1-year low of GBX 555 ($7.25) and a 1-year high of GBX 781 ($10.21). The company has a current ratio of 1.03, a quick ratio of 0.50 and a debt-to-equity ratio of 27.34. The firm has a 50 day moving average of GBX 718.62.
The company also recently disclosed a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 6th will be issued a GBX 7.30 ($0.10) dividend. The ex-dividend date is Thursday, June 6th. This represents a yield of 0.99%. Daily Mail and General Trust P L C’s dividend payout ratio is currently 0.13%.
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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