Peel Hunt upgraded shares of Dairy Crest Group (LON:DCG) to an add rating in a research note published on Monday, ThisIsMoney.Co.Uk reports.
Several other brokerages also recently issued reports on DCG. Jefferies Financial Group upgraded Dairy Crest Group to a hold rating and lowered their price target for the stock from GBX 515 ($6.73) to GBX 470 ($6.14) in a report on Tuesday, April 9th. HSBC started coverage on Dairy Crest Group in a report on Friday, January 25th. They issued a buy rating and a GBX 570 ($7.45) price target for the company. Finally, Kepler Capital Markets lowered their price target on Dairy Crest Group from GBX 460 ($6.01) to GBX 445 ($5.81) and set a reduce rating for the company in a report on Thursday, January 24th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of GBX 541.88 ($7.08).
LON DCG opened at GBX 620.50 ($8.11) on Monday. The stock has a market capitalization of $958.60 million and a P/E ratio of 22.08. The company has a quick ratio of 0.46, a current ratio of 2.56 and a debt-to-equity ratio of 76.19. Dairy Crest Group has a 12 month low of GBX 405.20 ($5.29) and a 12 month high of GBX 648 ($8.47).
About Dairy Crest Group
Dairy Crest Group plc processes and markets branded dairy products in the United Kingdom and internationally. The company offers cheese products under the Cathedral City, Davidstow, and Chedds brands; butters, spreads, and oils under the Clover, Country Life, Utterly Butterly, Vitalite, Willow, and Frylight brands.
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