DWF Group’s (DWF) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of DWF Group (LON:DWF) in a research note published on Wednesday morning, Price Targets.com reports.

Separately, Liberum Capital increased their target price on DWF Group from GBX 90 ($1.18) to GBX 105 ($1.37) and gave the company a hold rating in a report on Wednesday, May 26th.

Shares of DWF traded up GBX 2.50 ($0.03) during mid-day trading on Wednesday, reaching GBX 108 ($1.41). The company’s stock had a trading volume of 35,165 shares, compared to its average volume of 210,697. The company has a fifty day moving average price of GBX 103.46. The company has a market cap of £351.38 million and a P/E ratio of -41.54. DWF Group has a 1 year low of GBX 57 ($0.74) and a 1 year high of GBX 110 ($1.44). The company has a debt-to-equity ratio of 264.67, a quick ratio of 1.46 and a current ratio of 1.61.

The firm also recently announced a dividend, which will be paid on Friday, October 8th. Shareholders of record on Thursday, September 9th will be given a dividend of GBX 3 ($0.04) per share. This represents a yield of 2.83%. This is an increase from DWF Group’s previous dividend of $1.50. The ex-dividend date is Thursday, September 9th. DWF Group’s dividend payout ratio is presently -1.25%.

In other DWF Group news, insider Seema Bains sold 137,254 shares of the stock in a transaction on Tuesday, June 1st. The shares were sold at an average price of GBX 107 ($1.40), for a total transaction of £146,861.78 ($191,875.86).

DWF Group Company Profile

DWF Group plc provides various legal services and complementary connected services in the United Kingdom, the Middle East, Rest of Europe, and internationally. The company operates through four divisions: Commercial Services, Insurance Services, International, and Connected Services. It offers a range of complex legal services and managed services covering areas, such as business restructuring, commercial and competition, tax and private capital, employment, finance, pensions, real estate, debt recovery, asset management, and housing and planning.

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