JPMorgan Chase Lowers Price Target on Dun & Bradstreet (DNB)
Equities research analysts at JPMorgan Chase (NYSE: JPM) lowered their price target on shares of Dun & Bradstreet (NYSE: DNB) from $75.00 to $68.00 in a research note issued to investors on Wednesday.
Several other analysts have also recently commented on the stock. Analysts at Benchmark Co. cut their price target on shares of Dun & Bradstreet from $82.00 to $68.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Separately, analysts at Piper Jaffray (NYSE: PJC) cut their price target on shares of Dun & Bradstreet from $81.00 to $78.00 in a research note to investors on Tuesday. Finally, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Dun & Bradstreet from $90.00 to $92.00 in a research note to investors on Tuesday, April 17th. They now have an “overweight” rating on the stock.
Dun & Bradstreet traded up 2.95% on Wednesday, hitting $65.21. Dun & Bradstreet has a 52-week low of $58.50 and a 52-week high of $86.52. The company has a market cap of $3.112 billion and a price-to-earnings ratio of 11.29.
Dun & Bradstreet last posted its quarterly earnings results on Monday, May 7th. The company reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by $0.04. The company’s revenue for the quarter was down .2% on a year-over-year basis. Analysts expect that Dun & Bradstreet will post $1.59 EPS next quarter.
The Dun & Bradstreet Corporation (D&B) is the source of commercial information and insight on businesses, enabling customers to Decide with Confidence.