The Goldman Sachs Group Lowers Dun & Bradstreet (NYSE:DNB) Price Target to $15.00

Dun & Bradstreet (NYSE:DNBGet Rating) had its price objective decreased by stock analysts at The Goldman Sachs Group from $17.00 to $15.00 in a research note issued on Monday, Marketbeat reports. The firm presently has a “neutral” rating on the business services provider’s stock. The Goldman Sachs Group’s price objective suggests a potential upside of 13.55% from the stock’s previous close.

DNB has been the subject of a number of other reports. Wells Fargo & Company began coverage on Dun & Bradstreet in a research note on Wednesday, July 13th. They set an “overweight” rating and a $21.00 target price for the company. Needham & Company LLC cut their target price on Dun & Bradstreet from $21.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, November 4th. Truist Financial cut their target price on Dun & Bradstreet from $20.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, September 28th. Barclays cut their target price on Dun & Bradstreet from $17.00 to $14.00 and set an “equal weight” rating for the company in a research note on Friday, November 4th. Finally, StockNews.com assumed coverage on Dun & Bradstreet in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Dun & Bradstreet has an average rating of “Hold” and an average target price of $17.90.

Dun & Bradstreet Stock Down 1.6 %

Dun & Bradstreet stock opened at $13.21 on Monday. Dun & Bradstreet has a twelve month low of $11.23 and a twelve month high of $20.86. The stock has a 50 day moving average of $13.06 and a two-hundred day moving average of $14.72. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $5.76 billion, a price-to-earnings ratio of -165.13, a PEG ratio of 2.11 and a beta of 0.78.

Institutional Investors Weigh In On Dun & Bradstreet

Several hedge funds have recently made changes to their positions in DNB. Treasurer of the State of North Carolina boosted its holdings in Dun & Bradstreet by 1.3% in the third quarter. Treasurer of the State of North Carolina now owns 107,736 shares of the business services provider’s stock valued at $1,335,000 after acquiring an additional 1,390 shares during the last quarter. Wilson Asset Management International PTY Ltd. boosted its holdings in Dun & Bradstreet by 26.3% in the third quarter. Wilson Asset Management International PTY Ltd. now owns 993,221 shares of the business services provider’s stock valued at $12,306,000 after acquiring an additional 207,084 shares during the last quarter. Teacher Retirement System of Texas boosted its holdings in Dun & Bradstreet by 83.8% in the third quarter. Teacher Retirement System of Texas now owns 56,840 shares of the business services provider’s stock valued at $704,000 after acquiring an additional 25,918 shares during the last quarter. Barclays PLC boosted its holdings in Dun & Bradstreet by 932.2% in the third quarter. Barclays PLC now owns 322,251 shares of the business services provider’s stock valued at $3,992,000 after acquiring an additional 291,032 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its holdings in Dun & Bradstreet by 19.3% in the third quarter. State of New Jersey Common Pension Fund D now owns 162,918 shares of the business services provider’s stock valued at $2,019,000 after acquiring an additional 26,315 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Dun & Bradstreet Company Profile

(Get Rating)

Dun & Bradstreet Holdings, Inc provides business decisioning data and analytics in North America and internationally. It offers finance 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 enterprise applications for real-time credit decision making; D&B Small Business, a suite of powerful tools that allows SMBs to monitor and build their business credit file; D&B Enterprise Risk Assessment Manager, a solution for managing and automating credit decisioning and reporting; and InfoTorg, an online SaaS application.

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