Dun & Bradstreet Corporation (The) (DNB) Stock Rating Upgraded by Barclays PLC

Dun & Bradstreet Corporation (The) (NYSE:DNB) was upgraded by equities researchers at Barclays PLC from an “underweight” rating to an “equal weight” rating in a report issued on Monday. The brokerage currently has a $125.00 price target on the business services provider’s stock, up from their previous price target of $105.00. Barclays PLC’s target price indicates a potential upside of 7.59% from the stock’s current price.

A number of other equities research analysts have also issued reports on the company. Zacks Investment Research lowered Dun & Bradstreet Corporation (The) from a “buy” rating to a “hold” rating in a research report on Wednesday, August 23rd. Robert W. Baird dropped their price target on Dun & Bradstreet Corporation (The) from $130.00 to $127.00 and set an “outperform” rating for the company in a research report on Friday, November 3rd. Finally, Goldman Sachs Group, Inc. (The) began coverage on Dun & Bradstreet Corporation (The) in a research report on Wednesday, November 8th. They issued a “neutral” rating and a $125.00 price target for the company. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $125.75.

Shares of Dun & Bradstreet Corporation (DNB) opened at $116.18 on Monday. Dun & Bradstreet Corporation has a 52 week low of $100.46 and a 52 week high of $125.57. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of -1.93. The company has a market capitalization of $4,306.92, a P/E ratio of 16.34, a price-to-earnings-growth ratio of 1.81 and a beta of 1.26.

Dun & Bradstreet Corporation (The) (NYSE:DNB) last posted its quarterly earnings data on Wednesday, November 1st. The business services provider reported $1.79 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.58 by $0.21. Dun & Bradstreet Corporation (The) had a negative return on equity of 28.31% and a net margin of 11.12%. The company had revenue of $428.30 million during the quarter, compared to analyst estimates of $428.81 million. During the same period in the previous year, the business earned $1.79 EPS. Dun & Bradstreet Corporation (The)’s quarterly revenue was up 3.8% on a year-over-year basis. equities analysts anticipate that Dun & Bradstreet Corporation will post 7.16 earnings per share for the current year.

WARNING: “Dun & Bradstreet Corporation (The) (DNB) Stock Rating Upgraded by Barclays PLC” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://ledgergazette.com/2017/11/15/dun-bradstreet-corporation-the-dnb-stock-rating-upgraded-by-barclays-plc.html.

A number of institutional investors have recently modified their holdings of the stock. Creative Planning grew its position in Dun & Bradstreet Corporation (The) by 2.0% in the second quarter. Creative Planning now owns 1,257 shares of the business services provider’s stock worth $136,000 after acquiring an additional 25 shares during the period. Utah Retirement Systems grew its position in Dun & Bradstreet Corporation (The) by 1.5% in the second quarter. Utah Retirement Systems now owns 6,805 shares of the business services provider’s stock worth $736,000 after acquiring an additional 100 shares during the period. Financial Advisors Network Inc. grew its position in Dun & Bradstreet Corporation (The) by 4.6% in the second quarter. Financial Advisors Network Inc. now owns 2,778 shares of the business services provider’s stock worth $300,000 after acquiring an additional 121 shares during the period. OxFORD Asset Management LLP grew its position in Dun & Bradstreet Corporation (The) by 1.6% in the second quarter. OxFORD Asset Management LLP now owns 13,291 shares of the business services provider’s stock worth $1,437,000 after acquiring an additional 207 shares during the period. Finally, Oakbrook Investments LLC lifted its stake in Dun & Bradstreet Corporation (The) by 7.2% during the second quarter. Oakbrook Investments LLC now owns 3,110 shares of the business services provider’s stock worth $336,000 after purchasing an additional 210 shares in the last quarter. Institutional investors own 89.40% of the company’s stock.

About Dun & Bradstreet Corporation (The)

The Dun & Bradstreet Corporation is the source of commercial data, analytics and insight on businesses. The Company operates through two segments: Americas, which consists of its operations in the United States and Canada, and Non-Americas, which consists of its operations in the United Kingdom, Greater China, India, and its European and Asia Pacific Worldwide Networks.

Receive News & Ratings for Dun & Bradstreet Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet Corporation (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply