Rating Report: Is Daily Mail and General Trust PLC (LON:DMGT) Worth Your Time After Placed Barclays Capital’s Downgrade?

November 25, 2016 - By Nellie Frank

Daily Mail and General Trust PLC (LON:DMGT) Downgrade

In a a report sent to investors and clients today, Barclays Capital decreased shares of Daily Mail and General Trust PLC (LON:DMGT) to a Underweight rating. The firm currently has a GBX 705.00 target price per share on the stock. Barclays Capital’s target price per share suggests a potential downside of -8.97% from the stock’s stock close price.

Daily Mail and General Trust plc (LON:DMGT) Ratings Coverage

Out of 20 analysts covering Daily Mail and General Trust PLC (LON:DMGT), 11 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 55% are positive. GBX 1075 is the highest target while GBX 575 is the lowest. The GBX 804 average target is 4.82% above today’s (GBX 767) stock price. Daily Mail and General Trust PLC has been the topic of 121 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by Investec with “Buy” on Thursday, September 24. Barclays Capital maintained the shares of DMGT in a report on Monday, July 4 with “Equal Weight” rating. On Thursday, September 10 the stock rating was maintained by Panmure Gordon with “Hold”. The stock of Daily Mail and General Trust plc (LON:DMGT) has “Buy” rating given on Friday, September 30 by Panmure Gordon. Beaufort Securities maintained the shares of DMGT in a report on Friday, September 25 with “Buy” rating. The stock of Daily Mail and General Trust plc (LON:DMGT) has “Buy” rating given on Thursday, May 12 by Peel Hunt. The stock of Daily Mail and General Trust plc (LON:DMGT) has “Buy” rating given on Monday, March 7 by Liberum Capital. JP Morgan maintained Daily Mail and General Trust plc (LON:DMGT) rating on Wednesday, August 26. JP Morgan has “Overweight” rating and GBX 955 price target. On Thursday, September 29 the stock rating was maintained by Canaccord Genuity with “Hold”. The firm has “Outperform” rating given on Friday, July 24 by BNP Paribas.

About 445,429 shares traded hands. Daily Mail and General Trust plc (LON:DMGT) has risen 11.62% since April 27, 2016 and is uptrending. It has outperformed by 6.22% the S&P500.

Daily Mail and General Trust plc manages a multinational portfolio of companies that provide a range of businesses and clients with information, analysis, insight, news and entertainment. The company has a market cap of 2.59 billion GBP. The Company’s divisions include RMS, dmg information, dmg events, Euromoney and dmg media. It has a 11.05 P/E ratio. The RMS segment produces risk models, software applications and analytical data services used by the global risk and insurance industry to quantify and manage catastrophic risks.

Another recent and important Daily Mail and General Trust plc (LON:DMGT) news was published by Fool.Co.Uk which published an article titled: “Why I’d Steer Clear of Daily Mail and General Trust plc, Chemring plc & HSS …” on November 25, 2015.

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