BUZZ-DMGT slumps as brokers take a step back
** Daily Mail and General Trust biggest faller on Stoxx 600, down 7 pct as several brokers cut price targets.
** Most active stock across Europe, trading at 2.3 times its five-day average volume by 0830 GMT.
** Down 20 pct YTD to 759p, near to its year-low of 745p.
Chart: http://link.reuters.com/det82w
** Reiterated full-year guidance this morning, but not taken positively by analysts.
** Numis, a top-ranked broker on the stock per StarMine, cuts price target from 1180p to 1075p. Had previously among the most bullish analyst covering the stock.
** Canaccord Genuity (Other OTC: CCORF - news) also cuts, from 880p to 852p, while Investec (LSE: INVP.L - news) puts its 1068p target under review.
** Analysts are still yet to downgrade their recommendations: fourteen rate the stock a "buy" compared to ten 90 days ago, with only two a "sell".
Chart: http://link.reuters.com/fet82w (RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)