dotdigital Group (LON:DOTD) Downgraded by Berenberg Bank

dotdigital Group (LON:DOTDGet Rating) was downgraded by analysts at Berenberg Bank to a “hold” rating in a report issued on Friday, Marketbeat.com reports. They presently have a GBX 100 ($1.30) target price on the stock. Berenberg Bank’s price target suggests a potential upside of 16.28% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. Deutsche Bank Aktiengesellschaft lowered shares of dotdigital Group to a “hold” rating and cut their price objective for the stock from GBX 200 ($2.60) to GBX 88 ($1.14) in a report on Thursday, March 10th. Canaccord Genuity Group cut their price objective on shares of dotdigital Group from GBX 205 ($2.67) to GBX 170 ($2.21) and set a “buy” rating on the stock in a report on Thursday, March 3rd.

Shares of DOTD stock opened at GBX 86 ($1.12) on Friday. dotdigital Group has a 12 month low of GBX 52.60 ($0.68) and a 12 month high of GBX 295.50 ($3.84). The company has a debt-to-equity ratio of 4.48, a current ratio of 4.95 and a quick ratio of 4.95. The firm has a market cap of £256.95 million and a price-to-earnings ratio of 22.63. The business has a fifty day moving average price of GBX 99.13.

In related news, insider Boris Huard bought 15,295 shares of the business’s stock in a transaction dated Monday, March 7th. The shares were acquired at an average price of GBX 55 ($0.72) per share, for a total transaction of £8,412.25 ($10,944.90).

About dotdigital Group (Get Rating)

dotdigital Group Plc provides intuitive software as a service (SaaS) and managed services to digital marketing professionals worldwide. The company offers Engagement Cloud, a SaaS-based omni-channel marketing automation platform that enables companies to create, test, and send data-driven automated campaigns and communications across channels, such as email, SMS, social, push, etc.

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