Dun & Bradstreet Corp (DNB) is Reiterated by Barclays to Underweight, Raises Price Target to $ 125

Dun & Bradstreet Corp (DNB) was Reiterated by Barclays to “Underweight” according to the research note released today. The brokerage firm has raised the Price Target to $ 125 from a previous price target of $100 . Barclays advised their investors in a research report released on Aug 3, 2016.

On the company’s financial health, Dun & Bradstreet Corp reported $1.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.19 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $1.18. The company had revenue of $399.30 million for the quarter, compared to analysts expectations of $393.25 million. The company’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 EPS.

Dun & Bradstreet Corp opened for trading at $135.81 and hit $139.88 on the upside on Tusday, eventually ending the session at $138.37, with a gain of 7.59% or 9.76 points. The heightened volatility saw the trading volume jump to 7,39,434 shares. Company has a market cap of $5,017 M.

In a different news, on Nov 10, 2015, Christopher J Coughlin (director) sold 2,330 shares at $112.50 per share price. According to the SEC, on Nov 10, 2015, Anastassia Lauterbach (director) sold 404 shares at $111.23 per share price. On Aug 18, 2015, Anthony Jr Pietrontone (PAO & Corporate Controller) sold 3,825 shares at $116.22 per share price, according to the Form-4 filing with the securities and exchange commission.

The Dun & Bradstreet Corporation is the source of commercial data analytics and insight on businesses. The Company’s commercial database contained over 240 million business records. The customers use D&B Risk management solutions to mitigate credit compliance and supplier risk and D&B Sales and marketing solutions to offers data management capabilities. It operates in North America which consists of its operations in the United States and Canada; Asia Pacific which consists of its operations in Australia Greater China India and Asia Pacific across the world network and Europe and other International markets which consists of its operations in the United Kingdom the Netherlands Belgium Latin America and its European across the world network. Its customers include manufacturers wholesalers and retailers in fields as banking technology telecommunications Government and insurance as well as sales marketing and business development professionals.

Dun & Bradstreet Corp

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