Dun & Bradstreet (NYSE:DNB) Given "Buy" Rating at Needham & Company LLC

Dun & Bradstreet (NYSE:DNB - Get Free Report)'s stock had its "buy" rating restated by investment analysts at Needham & Company LLC in a report issued on Friday, Benzinga reports. They currently have a $17.00 target price on the business services provider's stock. Needham & Company LLC's target price indicates a potential upside of 42.62% from the company's current price.

Other analysts have also recently issued research reports about the stock. Barclays raised their price objective on shares of Dun & Bradstreet from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Friday, September 13th. JPMorgan Chase & Co. upped their price objective on shares of Dun & Bradstreet from $11.00 to $13.00 and gave the company a "neutral" rating in a research note on Monday, August 5th. The Goldman Sachs Group upped their target price on shares of Dun & Bradstreet from $10.40 to $11.80 and gave the company a "neutral" rating in a report on Monday, August 5th. Royal Bank of Canada reduced their target price on shares of Dun & Bradstreet from $15.00 to $12.00 and set a "sector perform" rating for the company in a report on Friday, August 2nd. Finally, StockNews.com raised shares of Dun & Bradstreet from a "sell" rating to a "hold" rating in a report on Wednesday, October 2nd. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $13.85.

Dun & Bradstreet Stock Up 0.3 %

NYSE:DNB traded up $0.03 during mid-day trading on Friday, hitting $11.92. The stock had a trading volume of 2,644,644 shares, compared to its average volume of 3,392,246. The stock has a 50-day simple moving average of $11.48 and a two-hundred day simple moving average of $10.55. The company has a market capitalization of $5.27 billion, a PE ratio of -148.61, a PEG ratio of 2.51 and a beta of 1.16. Dun & Bradstreet has a twelve month low of $8.77 and a twelve month high of $12.75. 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 (NYSE:DNB - Get Free Report) last issued its earnings results on Thursday, August 1st. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. The firm had revenue of $576.20 million for the quarter, compared to analysts' expectations of $580.77 million. Dun & Bradstreet had a negative net margin of 1.42% and a positive return on equity of 11.35%. The firm's revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.17 earnings per share. On average, equities research analysts anticipate that Dun & Bradstreet will post 0.89 EPS for the current year.

Institutional Trading of Dun & Bradstreet

Hedge funds have recently bought and sold shares of the company. Quantbot Technologies LP purchased a new position in Dun & Bradstreet during the first quarter worth approximately $1,844,000. Natixis purchased a new stake in Dun & Bradstreet during the 1st quarter worth $2,713,000. Jane Street Group LLC purchased a new stake in Dun & Bradstreet during the 1st quarter worth $3,936,000. Magnetar Financial LLC purchased a new stake in Dun & Bradstreet during the 1st quarter worth $809,000. Finally, Vanguard Group Inc. increased its stake in Dun & Bradstreet by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 27,428,272 shares of the business services provider's stock worth $275,380,000 after buying an additional 868,621 shares during the period. Institutional investors and hedge funds own 86.68% of the company's stock.

About Dun & Bradstreet

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.