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

dotdigital Group (LON:DOTD)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a report released on Tuesday,London Stock Exchange reports. They presently have a GBX 150 ($1.89) price objective on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 72.41% from the company’s previous close.

dotdigital Group Stock Performance

Shares of LON DOTD traded up GBX 0.40 ($0.01) during mid-day trading on Tuesday, hitting GBX 87 ($1.10). 625,411 shares of the company were exchanged, compared to its average volume of 724,520. The stock has a 50 day simple moving average of GBX 85.81 and a 200-day simple moving average of GBX 89.03. dotdigital Group has a 1-year low of GBX 76 ($0.96) and a 1-year high of GBX 103 ($1.30). The company has a quick ratio of 3.94, a current ratio of 3.05 and a debt-to-equity ratio of 3.24. The firm has a market cap of £265.89 million, a price-to-earnings ratio of 24.02, a price-to-earnings-growth ratio of 11.36 and a beta of 1.16.

dotdigital Group (LON:DOTD) last announced its quarterly earnings data on Tuesday, February 25th. The company reported GBX 2.58 ($0.03) earnings per share for the quarter. dotdigital Group had a return on equity of 11.80% and a net margin of 14.01%. On average, sell-side analysts forecast that dotdigital Group will post 4.6030099 EPS for the current fiscal year.

About dotdigital Group

Dotdigital Group plc (AIM: DOTD) is a leading provider of cross-channel marketing automation technology to marketing professionals. 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.