Brokerages Set Dairy Crest Group plc (DCG) Target Price at $547.50

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Dairy Crest Group plc (LON:DCG) has received an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 566.67 ($7.38).

DCG has been the subject of several analyst reports. Kepler Capital Markets lowered their price target on shares of Dairy Crest Group from GBX 560 ($7.29) to GBX 460 ($5.99) and set a “reduce” rating for the company in a research report on Monday, September 3rd. Peel Hunt lowered their price target on shares of Dairy Crest Group from GBX 640 ($8.34) to GBX 630 ($8.21) and set a “buy” rating for the company in a research report on Tuesday, July 17th. Barclays lowered their price target on shares of Dairy Crest Group from GBX 580 ($7.56) to GBX 550 ($7.16) and set an “equal weight” rating for the company in a research report on Thursday, June 14th. Numis Securities reiterated an “add” rating on shares of Dairy Crest Group in a research report on Tuesday, July 17th. Finally, Credit Suisse Group lowered their price target on shares of Dairy Crest Group from GBX 600 ($7.82) to GBX 550 ($7.16) and set a “neutral” rating for the company in a research report on Monday, June 4th.

Shares of LON:DCG traded down GBX 1.20 ($0.02) during trading on Friday, hitting GBX 463.80 ($6.04). 1,000,518 shares of the company’s stock were exchanged, compared to its average volume of 335,258. Dairy Crest Group has a 1-year low of GBX 503 ($6.55) and a 1-year high of GBX 654 ($8.52).

About Dairy Crest Group

Dairy Crest Group plc processes and markets branded dairy products in the United Kingdom and internationally. The company offers cheese products under the Cathedral City, Davidstow, and Chedds brands; butters, spreads, and oils under the Clover, Country Life, Utterly Butterly, Vitalite, Willow, and Frylight brands.

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Analyst Recommendations for Dairy Crest Group (LON:DCG)

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