Brokerages Set Dun & Bradstreet Corp (DNB) PT at $133.50
Shares of Dun & Bradstreet Corp (NYSE:DNB) have earned an average rating of “Hold” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has 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 $133.50.
A number of research analysts have recently commented on DNB shares. TheStreet raised Dun & Bradstreet from a “c” rating to a “b-” rating in a report on Monday. ValuEngine raised Dun & Bradstreet from a “hold” rating to a “buy” rating in a research note on Thursday, August 9th. Barclays reaffirmed an “equal weight” rating and set a $145.00 target price (up previously from $140.00) on shares of Dun & Bradstreet in a research note on Friday, August 10th. Zacks Investment Research raised Dun & Bradstreet from a “sell” rating to a “hold” rating in a research note on Wednesday, October 10th. Finally, Robert W. Baird raised their target price on Dun & Bradstreet from $135.00 to $145.00 and gave the company a “neutral” rating in a research note on Thursday, August 9th.
A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in Dun & Bradstreet by 0.8% during the second quarter. BlackRock Inc. now owns 3,336,959 shares of the business services provider’s stock valued at $409,279,000 after buying an additional 26,473 shares in the last quarter. Boston Partners boosted its stake in Dun & Bradstreet by 8.9% during the second quarter. Boston Partners now owns 1,234,321 shares of the business services provider’s stock valued at $151,389,000 after buying an additional 100,803 shares in the last quarter. Investec Asset Management LTD boosted its stake in Dun & Bradstreet by 29.8% during the second quarter. Investec Asset Management LTD now owns 887,561 shares of the business services provider’s stock valued at $108,859,000 after buying an additional 203,940 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Dun & Bradstreet by 0.6% during the third quarter. Bank of New York Mellon Corp now owns 831,536 shares of the business services provider’s stock valued at $118,502,000 after buying an additional 4,744 shares in the last quarter. Finally, AGF Investments Inc. boosted its stake in Dun & Bradstreet by 10.7% during the second quarter. AGF Investments Inc. now owns 655,218 shares of the business services provider’s stock valued at $80,362,000 after buying an additional 63,321 shares in the last quarter. 87.65% of the stock is owned by institutional investors and hedge funds.
Dun & Bradstreet (NYSE:DNB) last issued its quarterly earnings results on Thursday, November 1st. The business services provider reported $1.85 EPS for the quarter, missing analysts’ consensus estimates of $1.98 by ($0.13). The business had revenue of $416.70 million for the quarter, compared to analyst estimates of $432.51 million. Dun & Bradstreet had a net margin of 13.02% and a negative return on equity of 36.68%. Dun & Bradstreet’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period last year, the business posted $1.79 earnings per share. Sell-side analysts predict that Dun & Bradstreet will post 8.44 EPS for the current fiscal year.
Dun & Bradstreet Company Profile
The Dun & Bradstreet Corporation provides commercial data, analytics, and insight on businesses. The company operates through two segments, Americas and Non-Americas. It offers risk management solutions comprising trade credit solutions, such as The D&B Credit Suite, which includes D&B Credit and DNBi, subscription-based online applications that offer customers real time access to information, comprehensive monitoring, and portfolio analysis; various business information reports; and D&B Credibility solutions primarily for small businesses; Supplier Risk Manager, an online application that helps businesses mitigate supply chain risk; Compliance product suite that includes D&B Onboard and D&B Compliance Check, which helps customers comply with anti-money laundering and anti-bribery and corruption regulations through onboarding, screening, and monitoring of customers and third parties; and D&B Direct, an API that enables data integration inside enterprise applications, such as ERP, and enables master data management and toolkit.
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