Daily Mail and General Trust PLC (LON:DMGT) Rating Reaffirmed
Daily Mail and General Trust PLC (LON:DMGT) just had their share rating of a ‘Neutral’ issued by research analysts at Nomura, who now has a GBX 800.00 price target on the 2.41 billion GBP market cap company or a 12.32% upside potential. This key information was disclosed to clients in recent note on Thursday, 3 December.
From a total of 16 analysts covering Daily Mail and General Trust PLC (LON:DMGT) stock, 8 rate it a ”Buy”, 2 a “Sell”, and 7 a ”Hold”. This means that 47% of the ratings are positive. The highest target price is GBX 991 while the lowest target price is GBX 700. The mean of all analyst targets is GBX 830.69 with a 17.37% above today’s (GBX 712.28) stock price. Daily Mail and General Trust PLC was the topic of 51 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 3 with “Neutral” rating. BNP Paribas maintained shares with “Neutral” rating and GBX 720 target share price in a report from a November 26. JP Morgan maintained DMGT stock in a recent report from December 1 with “Neutral” rating. Deutsche Bank maintained the rating on November 26. Deutsche Bank has a “Hold” rating and a GBX 750 price target on shares. Finally, Peel Hunt maintained the stock with “Buy” rating in a report issued on a November 26.
The stock increased 1.74% or GBX 12.18 on December 2, striking GBX 712.28. Approximately shares of stock traded hands. Daily Mail and General Trust plc (LON:DMGT) has declined 19.25% since May 6, 2015 and is downtrending. It has underperformed by 18.97% the S&P500.
Daily Mail and General Trust plc brings together companies and people to provide businesses and clients with analysis and insight, information, news and entertainment. The company has a market cap of 2.41 billion GBP. The Company’s divisions are RMS, dmg information, dmg events, Euromoney and dmg media. It has 15.7 P/E ratio. RMS is engaged in catastrophe modelling.