Canaccord Genuity Group Reaffirms “Buy” Rating for dotdigital Group (LON:DOTD)

dotdigital Group (LON:DOTD)‘s stock had its “buy” rating reaffirmed by Canaccord Genuity Group in a research note issued on Tuesday, Marketbeat.com reports. They currently have a GBX 150 target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 109.50% from the company’s current price.

Separately, Peel Hunt restated a “buy” rating and set a GBX 110 price objective on shares of dotdigital Group in a research note on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, dotdigital Group currently has a consensus rating of “Buy” and a consensus price target of GBX 130.

dotdigital Group Stock Up 4.7%

Shares of LON DOTD traded up GBX 3.20 during midday trading on Tuesday, reaching GBX 71.60. The company’s stock had a trading volume of 1,588,227 shares, compared to its average volume of 856,354. The company has a current ratio of 3.05, a quick ratio of 3.94 and a debt-to-equity ratio of 3.24. dotdigital Group has a fifty-two week low of GBX 59.20 and a fifty-two week high of GBX 96.90. The stock has a market capitalization of £218.75 million, a price-to-earnings ratio of 20.17, a PEG ratio of 11.36 and a beta of 1.16. The stock has a 50 day simple moving average of GBX 65.91 and a 200-day simple moving average of GBX 67.90.

dotdigital Group (LON:DOTD) last announced its earnings results on Tuesday, November 4th. The company reported GBX 4.93 EPS for the quarter. dotdigital Group had a net margin of 14.01% and a return on equity of 11.80%. Equities research analysts predict that dotdigital Group will post 4.6030099 earnings per share for the current year.

Insider Buying and Selling

In other news, insider John Conoley acquired 10,000 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was bought at an average price of GBX 65 per share, with a total value of £6,500. Insiders have acquired a total of 33,000 shares of company stock valued at $2,200,000 in the last ninety days. Company insiders own 18.17% of the company’s stock.

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.