Today, Daily Mail and General Trust plc (DMGT) gets Underweight status at Barclays PLC

Today, Daily Mail and General Trust plc (DMGT) gets Underweight status at Barclays PLC

Daily Mail and General Trust plc (LON:DMGT) was downgraded by equities researchers at Barclays PLC to an “underweight” rating in a research note issued to investors on Friday. They currently have a GBX 705 ($8.81) price objective on the stock, down from their prior price objective of GBX 715 ($8.93). Barclays PLC’s price objective indicates a potential downside of 11.54% from the stock’s current price.

Several other equities analysts have also recently issued reports on DMGT. Numis Securities Ltd reissued a “buy” rating and set a GBX 970 ($12.12) target price on shares of Daily Mail and General Trust plc in a research note on Wednesday. Peel Hunt restated a “buy” rating and set a GBX 930 ($11.62) price target on shares of Daily Mail and General Trust plc in a research report on Thursday, September 29th. Liberum Capital restated a “buy” rating and set a GBX 950 ($11.87) price target on shares of Daily Mail and General Trust plc in a research report on Thursday, September 22nd. Canaccord Genuity restated a “hold” rating and set a GBX 700 ($8.75) price target on shares of Daily Mail and General Trust plc in a research report on Thursday, September 29th. Finally, Credit Suisse Group AG restated a “neutral” rating and set a GBX 750 ($9.37) price target on shares of Daily Mail and General Trust plc in a research report on Thursday, September 29th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 790.13 ($9.87).

Shares of Daily Mail and General Trust plc (LON:DMGT) opened at 765.00 on Friday. Daily Mail and General Trust plc has a 12 month low of GBX 571.00 and a 12 month high of GBX 804.50. The stock’s market capitalization is GBX 2.71 billion. The stock’s 50 day moving average price is GBX 758.92 and its 200 day moving average price is GBX 704.72.

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