Canaccord Genuity Group Reaffirms Buy Rating for dotdigital Group (LON:DOTD)

dotdigital Group (LON:DOTD)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a report issued on Wednesday, Marketbeat Ratings reports. They currently have a GBX 150 price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 165.96% from the company’s current price.

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 110 price objective on shares of dotdigital Group in a research note on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of GBX 130.

dotdigital Group Stock Down 0.4%

dotdigital Group stock opened at GBX 56.40 on Wednesday. dotdigital Group has a fifty-two week low of GBX 53.97 and a fifty-two week high of GBX 91.80. The firm has a market capitalization of £171.03 million, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 11.36 and a beta of 1.50. The stock’s fifty day moving average is GBX 64.62 and its two-hundred day moving average is GBX 66.24. The company has a debt-to-equity ratio of 1.73, a quick ratio of 3.94 and a current ratio of 2.57.

Insider Activity

In other news, insider John Conoley bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average price of GBX 65 per share, for a total transaction of £6,500. Insiders own 18.34% of the company’s stock.

About dotdigital Group

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.