Dun & Bradstreet (NYSE:DNB) Upgraded to Hold at StockNews.com

Dun & Bradstreet (NYSE:DNB) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Several other equities analysts have also commented on DNB. Needham & Company LLC reissued a “buy” rating and issued a $17.00 target price on shares of Dun & Bradstreet in a report on Monday, August 5th. The Goldman Sachs Group increased their target price on Dun & Bradstreet from $10.40 to $11.80 and gave the company a “neutral” rating in a report on Monday, August 5th. JPMorgan Chase & Co. increased their target price on Dun & Bradstreet from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, August 5th. Royal Bank of Canada dropped their target price on Dun & Bradstreet from $15.00 to $12.00 and set a “sector perform” rating on the stock in a report on Friday, August 2nd. Finally, Barclays raised their price objective on Dun & Bradstreet from $11.00 to $12.00 and gave the stock an “equal weight” rating in a report on Friday, September 13th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Dun & Bradstreet currently has a consensus rating of “Moderate Buy” and a consensus price target of $13.85.

Dun & Bradstreet Stock Down 1.9 %

Shares of NYSE DNB opened at $11.24 on Friday. The stock has a market cap of $4.98 billion, a P/E ratio of -140.50, a PEG ratio of 2.14 and a beta of 1.16. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 1.08. Dun & Bradstreet has a 12-month low of $8.68 and a 12-month high of $12.75. The business’s fifty day simple moving average is $11.38 and its 200-day simple moving average is $10.27.

Dun & Bradstreet (NYSE:DNB) last posted its earnings results on Thursday, August 1st. The business services provider reported $0.23 EPS for the quarter, meeting the consensus estimate of $0.23. The firm had revenue of $576.20 million for the quarter, compared to analyst estimates of $580.77 million. Dun & Bradstreet had a positive return on equity of 11.35% and a negative net margin of 1.42%. Dun & Bradstreet’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.17 earnings per share. As a group, equities analysts predict that Dun & Bradstreet will post 0.89 EPS for the current fiscal year.

Institutional Investors Weigh In On Dun & Bradstreet

Hedge funds have recently made changes to their positions in the business. Evermay Wealth Management LLC acquired a new stake in shares of Dun & Bradstreet during the first quarter worth about $37,000. Blue Trust Inc. boosted its stake in shares of Dun & Bradstreet by 129.1% during the second quarter. Blue Trust Inc. now owns 4,549 shares of the business services provider’s stock worth $46,000 after buying an additional 2,563 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Dun & Bradstreet during the first quarter worth about $70,000. Canada Pension Plan Investment Board boosted its stake in shares of Dun & Bradstreet by 85.1% during the second quarter. Canada Pension Plan Investment Board now owns 8,700 shares of the business services provider’s stock worth $81,000 after buying an additional 4,000 shares during the period. Finally, Xponance Inc. acquired a new stake in shares of Dun & Bradstreet during the second quarter worth about $100,000. Institutional investors and hedge funds own 86.68% of the company’s stock.

Dun & Bradstreet Company Profile

Dun & Bradstreet Holdings, Inc, together with its subsidiaries, provides business-to-business 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 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 to mitigate supply chain risk, regulatory risk, and ESG assessment, as well as other related risks; Risk Guardian, a subscription-based online application that offers real-time access to Northern Europe information, monitoring, and portfolio analysis; and D&B Beneficial Ownership that offers risk intelligence on ultimate beneficial ownership.