Brokerages Set Donnelley Financial Solutions Inc. (DFIN) Price Target at $23.33

Shares of Donnelley Financial Solutions Inc. (NYSE:DFIN) have received an average recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $23.33.

Several research analysts have issued reports on DFIN shares. J P Morgan Chase & Co started coverage on shares of Donnelley Financial Solutions in a research report on Tuesday, August 15th. They set a “neutral” rating and a $24.00 price objective on the stock. BidaskClub downgraded shares of Donnelley Financial Solutions from a “sell” rating to a “strong sell” rating in a research report on Thursday, November 9th. Zacks Investment Research downgraded shares of Donnelley Financial Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. ValuEngine raised shares of Donnelley Financial Solutions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 22nd. Finally, Citigroup reissued a “neutral” rating and set a $22.00 price objective on shares of Donnelley Financial Solutions in a research report on Thursday, November 16th.

Shares of Donnelley Financial Solutions (DFIN) traded down $0.07 during trading on Friday, reaching $20.59. 436,300 shares of the company’s stock traded hands, compared to its average volume of 330,248. Donnelley Financial Solutions has a 52 week low of $18.06 and a 52 week high of $27.08. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.57 and a quick ratio of 1.44. The stock has a market cap of $696.24, a P/E ratio of 14.55, a P/E/G ratio of 7.92 and a beta of 2.77.

Several large investors have recently modified their holdings of DFIN. Municipal Employees Retirement System of Michigan boosted its holdings in shares of Donnelley Financial Solutions by 3.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 6,200 shares of the company’s stock valued at $142,000 after acquiring an additional 190 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of Donnelley Financial Solutions in the second quarter valued at about $204,000. Balter Liquid Alternatives LLC purchased a new stake in shares of Donnelley Financial Solutions in the second quarter valued at about $245,000. UBS Asset Management Americas Inc. purchased a new stake in shares of Donnelley Financial Solutions in the second quarter valued at about $259,000. Finally, Voya Investment Management LLC purchased a new stake in shares of Donnelley Financial Solutions in the second quarter valued at about $272,000. 85.72% of the stock is currently owned by institutional investors and hedge funds.

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Donnelley Financial Solutions Company Profile

Donnelley Financial Solutions, Inc is a financial communications services company that supports global capital markets compliance and transaction needs for its corporate clients and their advisors (such as law firms and investment bankers), and global investment markets compliance and analytics needs for mutual fund companies, variable annuity providers and broker/dealers.

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