UPDATE: RBC Capital Assumes Dun & Bradstreet (DNB) at Outperform

July 7, 2021 4:12 PM EDT
Get Alerts DNB Hot Sheet
Price: $17.20 +2.44%

Rating Summary:
    10 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 5 | New: 36
Trade Now! 
Join SI Premium – FREE
(Updated - July 7, 2021 4:16 PM EDT)

RBC Capital analyst Ashish Sabadra assumes coverage on Dun & Bradstreet (NYSE: DNB) with a Outperform rating and a price target of $30.00.

The analyst comments "Stock pull back on organic growth concerns has created an attractive buying opportunity since revenue growth should improve through FY21. Digital transformation, focus on innovation, and enhanced go-to-market strategy by the new management team and moderating headwinds should help deliver on the mid-term revenue guidance of 4-7% starting 2022. In addition, there is a potential upside to earnings estimates from Bisnode cost synergies, deleveraging, and refinancing of expensive debt in Feb 2022. Accordingly, we assume coverage of DNB with an Outperform rating and a $30 price target."

For an analyst ratings summary and ratings history on Dun & Bradstreet click here. For more ratings news on Dun & Bradstreet click here.

Shares of Dun & Bradstreet closed at $21.25 yesterday.


You May Also Be Interested In





Related Categories

Analyst Comments, New Coverage

Related Entities

RBC Capital, Earnings