Analyst Reactions to DFIN Surpassing Target
Donnelley Financial Solutions Inc (DFIN) has surged past the 12-month average analyst target price of $63.67, soaring to $65.40/share in recent trading. When a stock hits this mark, analysts are faced with a pivotal choice: downgrade due to valuation concerns or bump up the target to match the soaring trajectory. The response hinges on underlying business trends propelling the stock’s upward spiral.
Analyst Price Spectrum
Within the Zacks coverage universe, there are three distinct analyst targets shaping the average for DFIN. While the $63.67 average is a mathematical blend, some analysts forecast lower prices like $60.00, while others aim as high as $66.00. The standard deviation stands at $3.214.
The purpose of honing in on the average DFIN price target is to harness the collective intelligence of the crowd, pooling the diverse perspectives of myriad analysts. Surpassing the $63.67/share benchmark signals to DFIN investors a ripe opportunity to reassess the company: is $63.67 merely a stepping stone towards a loftier goal, or is it time to consider cashing in some chips? The table below highlights the current sentiment of analysts tracking Donnelley Financial Solutions Inc:
| Recent DFIN Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 1 | 1 | 1 | 1 |
| Buy ratings: | 1 | 1 | 1 | 1 |
| Hold ratings: | 1 | 1 | 1 | 1 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 2.0 | 2.0 | 2.0 | 2.0 |
Data Insights
The average rating scale used by analysts ranges from 1 (Strong Buy) to 5 (Strong Sell). This analysis draws from data sourced through Zacks Investment Research via Quandl.com, offering investors access to the latest Zacks report on DFIN free of charge.
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The opinions articulated in this piece represent the author’s viewpoint exclusively and do not necessarily align with those of Nasdaq, Inc.
