Barclays Reaffirms “Equal Weight” Rating for Dun & Bradstreet (DNB)

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Dun & Bradstreet (NYSE:DNB)‘s stock had its “equal weight” rating reiterated by equities research analysts at Barclays in a research note issued to investors on Friday, The Fly reports. They currently have a $145.00 price objective on the business services provider’s stock, up from their prior price objective of $140.00. Barclays’ price target would indicate a potential upside of 2.16% from the stock’s previous close.

A number of other research analysts also recently weighed in on the stock. ValuEngine upgraded shares of Dun & Bradstreet from a “hold” rating to a “buy” rating in a report on Thursday. Robert W. Baird raised their price target on shares of Dun & Bradstreet from $135.00 to $145.00 and gave the company a “neutral” rating in a report on Thursday. Zacks Investment Research downgraded shares of Dun & Bradstreet from a “buy” rating to a “hold” rating in a report on Thursday, July 12th. Finally, Wells Fargo & Co raised their price target on shares of Dun & Bradstreet from $113.00 to $120.00 and gave the company a “market perform” rating in a report on Monday, June 25th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $132.00.

Shares of Dun & Bradstreet stock traded down $0.27 during midday trading on Friday, reaching $141.94. 2,372,760 shares of the company’s stock traded hands, compared to its average volume of 520,958. The company has a market capitalization of $5.26 billion, a P/E ratio of 18.59, a P/E/G ratio of 2.80 and a beta of 1.20. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of -1.56. Dun & Bradstreet has a 52 week low of $105.42 and a 52 week high of $144.00.

Dun & Bradstreet (NYSE:DNB) last released its quarterly earnings results on Wednesday, August 8th. The business services provider reported $1.40 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.10). The business had revenue of $439.60 million for the quarter, compared to the consensus estimate of $402.78 million. Dun & Bradstreet had a net margin of 13.08% and a negative return on equity of 34.16%. equities research analysts predict that Dun & Bradstreet will post 8.47 earnings per share for the current year.

Several institutional investors have recently added to or reduced their stakes in DNB. Boston Partners acquired a new position in Dun & Bradstreet in the 1st quarter valued at $132,621,000. Bank of New York Mellon Corp grew its stake in Dun & Bradstreet by 65.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 826,792 shares of the business services provider’s stock valued at $101,407,000 after buying an additional 327,334 shares during the last quarter. Martingale Asset Management L P acquired a new position in Dun & Bradstreet in the 2nd quarter valued at $28,615,000. Investec Asset Management LTD grew its stake in Dun & Bradstreet by 29.8% in the 2nd quarter. Investec Asset Management LTD now owns 887,561 shares of the business services provider’s stock valued at $108,859,000 after buying an additional 203,940 shares during the last quarter. Finally, Millennium Management LLC grew its stake in Dun & Bradstreet by 179.1% in the 1st quarter. Millennium Management LLC now owns 278,016 shares of the business services provider’s stock valued at $32,528,000 after buying an additional 178,389 shares during the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

Dun & Bradstreet Company Profile

The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.

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The Fly

Analyst Recommendations for Dun & Bradstreet (NYSE:DNB)

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