Dairy Crest Group plc (LON:DCG) reached a new 52-week low during trading on Wednesday after Peel Hunt lowered their price target on the stock from GBX 680 to GBX 650. Peel Hunt currently has a buy rating on the stock. Dairy Crest Group traded as low as GBX 503 ($6.95) and last traded at GBX 513 ($7.09), with a volume of 892487 shares. The stock had previously closed at GBX 548.50 ($7.58).
Other equities research analysts have also recently issued research reports about the stock. Kepler Capital Markets reaffirmed a “reduce” rating and issued a GBX 560 ($7.74) price target on shares of Dairy Crest Group in a report on Thursday, February 1st. Numis Securities reaffirmed an “add” rating and issued a GBX 655 ($9.05) price target on shares of Dairy Crest Group in a report on Wednesday, January 31st. Finally, Whitman Howard reaffirmed a “buy” rating and issued a GBX 680 ($9.39) price target on shares of Dairy Crest Group in a report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 610 ($8.43).
In related news, insider Mark Allen sold 10,000 shares of Dairy Crest Group stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of GBX 575 ($7.94), for a total value of £57,500 ($79,441.83). Also, insider Stephen Alexander acquired 1,250 shares of Dairy Crest Group stock in a transaction that occurred on Friday, December 29th. The stock was acquired at an average price of GBX 575 ($7.94) per share, with a total value of £7,187.50 ($9,930.23).
Dairy Crest Group Company Profile
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 & Functional Ingredients and Butters, Spreads & Oils. It produces and markets Cathedral City, a cheese brand, and the Davidstow cheddar brand.
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