Brokerages Set Dun & Bradstreet Holdings, Inc. (NYSE:DNB) Target Price at $14.48

Dun & Bradstreet Holdings, Inc. (NYSE:DNBGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $14.48.

Several equities research analysts have commented on DNB shares. Raymond James upgraded shares of Dun & Bradstreet from an “outperform” rating to a “strong-buy” rating and set a $18.00 price target on the stock in a research note on Friday, January 5th. The Goldman Sachs Group decreased their price target on Dun & Bradstreet from $12.00 to $10.30 and set a “neutral” rating for the company in a research note on Friday, November 3rd. Truist Financial cut their price objective on shares of Dun & Bradstreet from $16.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. JPMorgan Chase & Co. decreased their target price on shares of Dun & Bradstreet from $13.00 to $11.00 and set a “neutral” rating for the company in a research report on Thursday, November 2nd. Finally, Needham & Company LLC restated a “buy” rating and set a $18.00 price target on shares of Dun & Bradstreet in a research report on Thursday, November 2nd.

Read Our Latest Report on Dun & Bradstreet

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Massachusetts Financial Services Co. MA boosted its position in Dun & Bradstreet by 29.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 35,527,102 shares of the business services provider’s stock worth $354,916,000 after acquiring an additional 8,009,051 shares during the period. BlackRock Inc. increased its stake in Dun & Bradstreet by 25.2% in the 1st quarter. BlackRock Inc. now owns 19,608,863 shares of the business services provider’s stock valued at $230,208,000 after buying an additional 3,950,464 shares during the period. Shapiro Capital Management LLC purchased a new stake in Dun & Bradstreet in the 3rd quarter worth approximately $35,214,000. Hawk Ridge Capital Management LP acquired a new stake in shares of Dun & Bradstreet during the 2nd quarter valued at $37,083,000. Finally, FMR LLC grew its holdings in shares of Dun & Bradstreet by 83.8% during the 3rd quarter. FMR LLC now owns 6,916,851 shares of the business services provider’s stock valued at $69,099,000 after acquiring an additional 3,153,804 shares in the last quarter. Hedge funds and other institutional investors own 86.68% of the company’s stock.

Dun & Bradstreet Stock Up 0.5 %

Shares of Dun & Bradstreet stock opened at $11.09 on Thursday. Dun & Bradstreet has a twelve month low of $8.68 and a twelve month high of $14.29. The stock has a market capitalization of $4.87 billion, a price-to-earnings ratio of -184.83, a PEG ratio of 3.84 and a beta of 1.20. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 1.05. The business’s 50 day simple moving average is $11.48 and its 200-day simple moving average is $10.69.

Dun & Bradstreet Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 21st. Shareholders of record on Thursday, March 7th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Wednesday, March 6th. Dun & Bradstreet’s payout ratio is -333.33%.

Dun & Bradstreet Company Profile

(Get Free Report

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 D&B Risk Analytics, a subscription-based online application that offers clients real-time access to complete and up-to-date global information.

Featured Articles

Analyst Recommendations for Dun & Bradstreet (NYSE:DNB)

Receive News & Ratings for Dun & Bradstreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dun & Bradstreet and related companies with MarketBeat.com's FREE daily email newsletter.