Dairy Crest Group plc (LON:DCG) Rating Increased to Buy at Investec

Investec upgraded shares of Dairy Crest Group plc (LON:DCG) to a buy rating in a research report sent to investors on Tuesday, July 18th. The firm currently has GBX 600 ($7.81) target price on the stock. By: Toi Williams
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Several other equities research analysts also recently weighed in on DCG. Numis Securities Ltd reaffirmed an add rating and issued a GBX 630 ($8.20) price target on shares of Dairy Crest Group plc in a research note on Tuesday, July 18th. Whitman Howard reaffirmed a hold rating and issued a GBX 630 ($8.20) price target on shares of Dairy Crest Group plc in a research note on Tuesday, July 18th. Peel Hunt reaffirmed a buy rating and issued a GBX 680 ($8.86) price target on shares of Dairy Crest Group plc in a research note on Monday, July 10th. Jefferies Group LLC downgraded shares of Dairy Crest Group plc to an underperform rating and boosted their target price for the stock from GBX 500 ($6.51) to GBX 515 ($6.71) in a research report on Friday, June 9th. Finally, Shore Capital reissued a house stock rating on shares of Dairy Crest Group plc in a research report on Tuesday, April 11th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the stock. Dairy Crest Group plc has a consensus rating of Hold and a consensus price target of GBX 619.44 ($8.07).
Dairy Crest Group plc (DCG) traded down 0.43% during trading on Tuesday, reaching GBX 583.50. The company’s stock had a trading volume of 202,119 shares. The company’s market cap is GBX 816.54 million. The stock’s 50-day moving average is GBX 587.29 and its 200 day moving average is GBX 586.69. Dairy Crest Group plc has a 12 month low of GBX 539.50 and a 12 month high of GBX 697.00.
The company also recently declared a dividend, which was paid on Friday, August 11th. Investors of record on Thursday, July 6th were issued a dividend of GBX 16.30 ($0.21) per share. The ex-dividend date was Thursday, July 6th. This is a boost from Dairy Crest Group plc’s previous dividend of $6.20. This represents a yield of 2.76%.
About Dairy Crest Group plc
Dairy Crest Group plc is a United Kingdom-based dairy company. The Company processes and markets branded dairy products. The Company’s segments include Cheese, Spreads and Other. It has two product groups: cheese & whey, and butters, spreads & oils. It produces and markets Cathedral City, a cheese brand, and the Davidstow cheddar brand.
 
Source: BNB Daily
Link: https://www.baseball-news-blog.com/2017/08/13/investec-upgrades-dairy-crest-group-plc-londcg-to-buy-updated-updated-updated.html

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Así lo expresó Domingo Possetto, secretario de la seccional Rafaela, quien además, afirmó que a los productores «habitualmente los ignoran los gobiernos». Además, reconoció la labor de los empresarios de las firmas locales y aseguró que están «esperanzados» con la negociación entre SanCor y Adecoagro.

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