DA Davidson has adjusted its outlook on Donnelley Financial Solutions (DFIN, Financial), with analyst Peter Heckmann reducing the firm's price target for the company's shares from $72 to $64. Despite this adjustment, the analyst maintains a Buy rating for DFIN.
The revision comes as the firm recalibrates its short-term projections, taking into account the projected impact of volatile market conditions on Transactional Capital Markets activity. This recalibration reflects the cautious outlook amid current economic uncertainties.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Donnelley Financial Solutions Inc (DFIN, Financial) is $68.67 with a high estimate of $72.00 and a low estimate of $64.00. The average target implies an upside of 68.84% from the current price of $40.67. More detailed estimate data can be found on the Donnelley Financial Solutions Inc (DFIN) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Donnelley Financial Solutions Inc's (DFIN, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Donnelley Financial Solutions Inc (DFIN, Financial) in one year is $49.49, suggesting a upside of 21.69% from the current price of $40.67. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Donnelley Financial Solutions Inc (DFIN) Summary page.
