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

Canaccord Genuity Group restated their buy rating on shares of dotdigital Group (LON:DOTD – Get Rating) in a research report sent to investors on Tuesday morning, Marketbeat reports. The firm currently has a GBX 140 ($1.68) target price on the stock.

Separately, Berenberg Bank restated a buy rating and set a GBX 100 ($1.20) price objective on shares of dotdigital Group in a research report on Tuesday, November 22nd.

dotdigital Group Trading Up 2.2 %

Shares of dotdigital Group stock opened at GBX 92.84 ($1.12) on Tuesday. The business has a fifty day simple moving average of GBX 91.61 and a two-hundred day simple moving average of GBX 87.81. The company has a debt-to-equity ratio of 3.69, a current ratio of 4.24 and a quick ratio of 3.94. The company has a market capitalization of £277.78 million, a price-to-earnings ratio of 2,270.00, a P/E/G ratio of 11.36 and a beta of 1.27. dotdigital Group has a 1 year low of GBX 67.10 ($0.81) and a 1 year high of GBX 117 ($1.41).

dotdigital Group Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 31st. Investors of record on Thursday, January 12th were issued a GBX 0.98 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, January 12th. This represents a yield of 1.18%. This is a boost from dotdigital Group’s previous dividend of $0.86. dotdigital Group’s payout ratio is 2,500.00%.

Insider Activity at dotdigital Group

In other dotdigital Group news, insider Alistair Gurney bought 27,000 shares of dotdigital Group stock in a transaction on Tuesday, December 13th. The stock was acquired at an average cost of GBX 93 ($1.12) per share, with a total value of £25,110 ($30,194.81). 11.08% of the stock is owned by corporate insiders.

dotdigital Group Company Profile

(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.