Published On: Sun, Sep 11th, 2016

Daily Mail and General Trust plc (DMGT) Receives “Hold” Rating from Deutsche Bank AG

Daily Mail and General Trust plc (LON:DMGT)‘s stock had its “hold” rating reissued by analysts at Deutsche Bank AG in a research note issued to investors on Tuesday. They currently have a GBX 750 ($9.99) price objective on the stock. Deutsche Bank AG’s price objective suggests a potential upside of 6.76% from the stock’s previous close.
DMGT has been the subject of several other reports. Societe Generale raised Daily Mail and General Trust plc to a “hold” rating and set a GBX 640 ($8.52) target price for the company in a report on Tuesday, July 12th. Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 970 ($12.92) target price on shares of Daily Mail and General Trust plc in a report on Thursday, July 21st. Panmure Gordon upped their target price on Daily Mail and General Trust plc from GBX 700 ($9.32) to GBX 735 ($9.79) and gave the company a “hold” rating in a report on Tuesday, May 24th. Goldman Sachs Group Inc. reaffirmed a “sell” rating and set a GBX 610 ($8.12) target price on shares of Daily Mail and General Trust plc in a report on Tuesday, July 19th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 930 ($12.39) target price on shares of Daily Mail and General Trust plc in a report on Thursday, May 12th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 773.13 ($10.30).
Daily Mail and General Trust plc (LON:DMGT) traded down 1.13% during trading on Tuesday, hitting GBX 702.50. The stock had a trading volume of 288,347 shares. The company has a 50 day moving average of GBX 710.50 and a 200-day moving average of GBX 681.18. Daily Mail and General Trust plc has a 12-month low of GBX 571.00 and a 12-month high of GBX 797.00. The company’s market cap is GBX 2.49 billion.

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In other news, insider Zwillenberg,Paul bought 5,000 shares of the company’s stock in a transaction on Tuesday, July 5th. The shares were bought at an average cost of GBX 595 ($7.92) per share, with a total value of £29,750 ($39,624.40).
Daily Mail and General Trust plc Company Profile
Daily Mail and General Trust plc brings together companies and people to provide businesses and consumers with analysis and insight, information, news and entertainment. The Company’s divisions are RMS, dmg information, dmg events, Euromoney and dmg media. RMS is engaged in catastrophe modelling. It provides critical risk management solutions to financial institutions.

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