Dotdigital Group plc 48.9% potential upside indicated by Canaccord Genuity

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Dotdigital Group plc with ticker (LON:DOTD) now has a potential upside of 48.9% according to Canaccord Genuity.



Canaccord Genuity set a target price of 140 GBX for the company, which when compared to the Dotdigital Group plc share price of 94 GBX at opening today (16/02/2024) indicates a potential upside of 48.9%. Trading has ranged between 68 (52 week low) and 108 (52 week high) with an average of 333,289 shares exchanging hands daily. The market capitalisation at the time of writing is £291,706,128.

Dotdigital Group Plc is a United Kingdom-based company that is engaged in providing intuitive software-as-a-service (SaaS) via an omnichannel marketing automation platform and managed services to digital marketing professionals. The Company’s Customer Engagement Platform is a global, cross-channel, SaaS and marketing automation platform that enables its clients to communicate with their customers at the right time, with the right message to the right person through the right channel. The Company’s technology integrates with e-commerce and customer relationship management (CRM) platforms to create a robust marketing engine that supports insight-driven activities and improves business growth. The Company operates primarily in Europe, Middle East, and Africa (EMEA), United States and Asia-Pacific (APAC). Its subsidiaries include Dotdigital EMEA Limited, Dotdigital Inc, Dotdigital APAC Pty Limited, dotmailer Development Ltd and Dotdigital B.V.



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    Dotdigital Group plc (LON:DOTD) reports strong trading performance for the year ended June 30, 2024, with revenue up 14.1% to £79.0m and significant advancements in its CXDP offering.

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