Daily Mail and General Trust PLC (DMGT) Stock Price Down 0.5% – TrueBlueTribune

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Shares of Daily Mail and General Trust P L C (LON:DMGT) dropped 0.5% during trading on Tuesday . The stock traded as low as GBX 655.50 ($8.62) and last traded at GBX 657.50 ($8.64). Approximately 279,337 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 543,093 shares. The stock had previously closed at GBX 661 ($8.69).

DMGT has been the topic of several research analyst reports. Liberum Capital reiterated a “buy” rating and issued a GBX 900 ($11.83) price target on shares of Daily Mail and General Trust P L C in a research note on Thursday, July 27th. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 970 ($12.75) price target on shares of Daily Mail and General Trust P L C in a research note on Monday, October 2nd. Citigroup Inc. reiterated a “buy” rating and issued a GBX 895 ($11.77) price target on shares of Daily Mail and General Trust P L C in a research note on Thursday, September 28th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 750 ($9.86) price target on shares of Daily Mail and General Trust P L C in a research note on Tuesday, October 3rd. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a GBX 740 ($9.73) price target on shares of Daily Mail and General Trust P L C in a research note on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the stock. Daily Mail and General Trust P L C presently has a consensus rating of “Hold” and a consensus target price of GBX 803 ($10.56).

The stock’s 50 day moving average is GBX 625.46 and its 200 day moving average is GBX 668.38. The firm’s market cap is GBX 2.31 billion.

In other news, insider The Viscount Rothermere sold 88,385 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of GBX 613 ($8.06), for a total value of £541,800.05 ($712,332.43). Over the last three months, insiders bought 66 shares of company stock worth $42,358.

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About Daily Mail and General Trust P L C

Daily Mail and General Trust plc manages a multinational portfolio of companies that provide a range of businesses and consumers with information, analysis, insight, news and entertainment. The Company’s segments include RMS, dmg information, dmg events, Euromoney and dmg media. 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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