Peel Hunt on Thursday reiterated Dairy Crest Group PLC’s analyst rating as ‘Buy’ with its price target of 660 highlighting a potential increase of 9.18% from Dairy Crest Group PLC’s current price of 604.5.
Over the last twelve months Dairy Crest Group PLC’s stock price has increased from 477.07 to 604.5, a change of 26.71%.
Dairy Crest Group PLC has 137,699,000 shares in issue which have a share price of 604.5 giving Dairy Crest Group PLC a market capitalisation of 832.39M GBp .
The company has a 50 day moving average of 636.17 and a 200 day moving average of 617.36. The 52 week high shares of Dairy Crest Group PLC have reached is 700 whilst the 52 week low for the company’s shares is 437.9.
Dairy Crest Group plc processes and markets branded dairy products and fresh milk. The Company is engaged in the branded cheese and whey and spreads and butter businesses. It offers its products in three product groups: cheese and whey; spreads and butters, and dairies. It has a cheese brand in the United Kingdom, Cathedral City, and operates a cheese supply chain. It also has a smaller cheese packing facility at Frome, Somerset. Its spreads and butters operation makes packet butter and dairy spreads from cream separated from the milk processed by its dairies operations and vegetable oil. It focuses on two key brands: Clover and Country Life. It manufactures and sells Frylight one calorie cooking spray. It processes and delivers fresh conventional, organic and flavored milk to retailers, middle ground customers, including smaller retailers, coffee shops, hospitals and residential customers. In addition, it manufactures and sells FRijj, a flavored milk brand, cream and milk powders.
Source: Risers and Fallers
