dotdigital Group (LON:DOTD) Earns “Buy” Rating from Canaccord Genuity Group

dotdigital Group (LON:DOTD)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a research report issued on Tuesday,Digital Look reports. They presently have a GBX 135 target price on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 170.27% from the stock’s current price.

dotdigital Group Price Performance

DOTD stock traded up GBX 1.95 during mid-day trading on Tuesday, reaching GBX 49.95. 1,695,817 shares of the company’s stock were exchanged, compared to its average volume of 1,722,906. The company has a debt-to-equity ratio of 1.46, a current ratio of 3.11 and a quick ratio of 3.94. dotdigital Group has a 12-month low of GBX 40.80 and a 12-month high of GBX 76. The stock’s 50 day moving average is GBX 46.45 and its 200 day moving average is GBX 52.03. The company has a market cap of £151.47 million, a price-to-earnings ratio of 16.99, a price-to-earnings-growth ratio of 11.36 and a beta of 1.45.

dotdigital Group Company Profile

Dotdigital Group plc (AIM: DOTD) is the leading SaaS provider of an AI-powered customer experience and data platform for intelligent, personalised marketing engagement at scale. Dotdigital’s customer experience and data platform (CXDP) combines the power of automation and AI to help businesses deliver hyper-relevant customer experiences at scale. With Dotdigital, marketing teams can unify and enrich their customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that result in engagements, conversions, and loyalty.

Founded in 1999, Dotdigital is headquartered in London with offices in Manchester, Southampton, New York, Melbourne, Sydney, Singapore, Tokyo and Cape Town.