Home Enterprise holdings Dun & Bradstreet Holdings, Inc. (NYSE: DNB) Given the consensus recommendation to “Buy” by brokerage firms

Dun & Bradstreet Holdings, Inc. (NYSE: DNB) Given the consensus recommendation to “Buy” by brokerage firms

0
Dun & Bradstreet Holdings, Inc. (NYSE: DNB) Given the consensus recommendation to “Buy” by brokerage firms


Shares of Dun & Bradstreet Holdings, Inc. (NYSE: DNB) received an average “Buy” rating from the six analysts who hedge the stock, reports Marketbeat Ratings. Two equity research analysts rated the stock with a keep recommendation and four issued a buy recommendation on the company. The 12-month average target price among brokers who reported on the stock in the past year is $ 24.60.

Several research analysts have weighed in on the company recently. Royal Bank of Canada reduced its target price on Dun & Bradstreet from $ 24.00 to $ 20.00 and established an “outperformance” rating for the company in a research note on Friday, December 10. The company’s presentation at the Cannae Holdings conference highlighted its trajectory towards mid single-digit organic growth as well as accelerating new product development, the analyst told investors in a research note. Sabadra adds that the lower price target reflects potential FY22 headwinds, but a faster than expected organic revenue ramp and better than expected operating leverage could serve as catalysts for Dun & Bradstreet. Citigroup reduced its price target on Dun & Bradstreet from $ 28.00 to $ 21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 29. Zacks Investment Research upgraded Dun & Bradstreet from a “sell” rating to a “conservation” rating in a research note dated Wednesday, October 6. Finally, Raymond James increased his price target on Dun & Bradstreet from $ 26.00 to $ 27.00 and gave the company an “outperformance” rating in a research note on Friday, November 5.

DNB shares traded up $ 0.11 during trading hours on Friday, reaching $ 20.09. 1,014,423 shares of the company were traded, against an average volume of 2,042,237. The company has a rapid ratio of 0.71, a current ratio of 0.71 and a debt ratio of 0.97. The company has a market cap of $ 8.66 billion, a P / E ratio of -167.40 and a beta of 0.58. The company has a 50-day moving average of $ 19.03 and a two-hundred-day moving average of $ 19.29. Dun & Bradstreet has a 52 week low at $ 16.61 and a 52 week high of $ 26.95.

(A d)

It could be the highest grossing event in crypto history. And that only happens once. If you miss it, there is no second chance.

Dun & Bradstreet (NYSE: DNB) last reported its results on Thursday, November 4. The business services provider reported earnings of $ 0.29 per share for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.26 of $ 0.03. The company posted revenue of $ 541.90 million in the quarter, compared to a consensus estimate of $ 533.67 million. Dun & Bradstreet recorded a positive return on equity of 12.10% and a negative net margin of 2.59%. The company’s quarterly revenue grew 21.9% year-over-year. During the same period of the previous year, the company posted EPS of $ 0.24. On average, stock analysts forecast Dun & Bradstreet to post 1 earnings per share for the current fiscal year.

A number of large investors have recently changed their holdings to DNB. Metropolitan Life Insurance Co NY increased its holdings in Dun & Bradstreet by 66,120.0% in the 2nd quarter. Metropolitan Life Insurance Co NY now owns 3,311 shares of the business services provider valued at $ 71,000 after purchasing an additional 3,306 shares in the last quarter. AGF Investments Inc. purchased a new stake in Dun & Bradstreet in the 3rd quarter for a value of $ 168,000. Levin Capital Strategies LP purchased a new stake in Dun & Bradstreet in the second quarter valued at $ 214,000. Bridgefront Capital LLC purchased a new stake in Dun & Bradstreet in the third quarter valued at $ 214,000. Finally, Walleye Capital LLC increased its stake in Dun & Bradstreet shares by 27.3% during the 2nd quarter. Walleye Capital LLC now owns 11,200 shares of the business service provider valued at $ 239,000 after purchasing an additional 2,400 shares during the period. Institutional investors hold 74.96% of the shares of the company.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc provides business decision data and analysis in North America and internationally. It offers financing and risk solutions, including D&B Finance Analytics, an online application that offers clients real-time access to its information, comprehensive monitoring and portfolio analysis; D&B Direct, an application programming interface (API) that delivers risk and financial data directly into business applications for real-time credit decision making.

Featured story: what is a black swan?

Analyst Recommendations for Dun & Bradstreet (NYSE: DNB)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Dun & Bradstreet now?

Before you consider Dun & Bradstreet, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the top five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and Dun & Bradstreet was not on the list.

While Dun & Bradstreet currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better bids.

See the 5 actions here