The stock of Daily Mail and General Trust plc (LON:DMGT) hit a new 52-week high and has GBX 821.46 target or 4.00% above today’s GBX 789.87 share price. The 7 months bullish chart indicates low risk for the GBX 2.66B company. The 1-year high was reported on Nov, 23 by Barchart.com. If the GBX 821.46 price target is reached, the company will be worth GBX 106.40 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock decreased 0.65% or GBX 5.13 on November 23, hitting GBX 789.87. About 498,700 shares traded hands. Daily Mail and General Trust plc (LON:DMGT) has risen 10.88% since April 25, 2016 and is uptrending. It has outperformed by 5.55% the S&P500.
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”, 1 “Sell”, while 8 “Hold”. This means 55% are positive. GBX 1075 is the highest target while GBX 575 is the lowest. The GBX 804.59 average target is 1.86% above today’s (GBX 789.87) stock price. Daily Mail and General Trust PLC has been the topic of 120 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, May 27 by Beaufort Securities. The stock has “Neutral” rating given by JP Morgan on Tuesday, December 1. The firm has “Buy” rating by Investec given on Tuesday, December 1. On Wednesday, October 28 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by Barclays Capital with “Equal Weight” on Wednesday, August 31. The firm has “Equal Weight” rating by Barclays Capital given on Monday, July 4. Deutsche Bank maintained the stock with “Hold” rating in Friday, May 20 report. The stock of Daily Mail and General Trust plc (LON:DMGT) has “Outperform” rating given on Friday, July 24 by BNP Paribas. The company was maintained on Friday, July 22 by Beaufort Securities. The firm earned “Buy” rating on Monday, March 7 by Liberum Capital.
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 are Ibstock plc, Daily Mail and General Trust plc and Hostelworld Group …” on May 26, 2016.
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 2.66 billion GBP. The Company’s divisions include RMS, dmg information, dmg events, Euromoney and dmg media. It has a 11.38 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.
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