Dixons Retail Stock Rating Upgraded by AlphaValue (DXNS)
Dixons Retail (LON:DXNS) was upgraded by AlphaValue to a “reduce” rating in a research note issued on Thursday, AnalystRatings.Net reports. The firm currently has a GBX 43.50 ($0.69) target price on the stock, down from their previous target price of GBX 43.60 ($0.69). AlphaValue’s price target would suggest a potential downside of 6.79% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Dixons Retail (LON:DXNS) from GBX 49 ($0.78) to GBX 53 ($0.84) in a research note to investors on Monday, September 9th. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Dixons Retail (LON:DXNS) in a research note to investors on Friday, September 6th. They now have a GBX 48 ($0.76) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Dixons Retail (LON:DXNS) in a research note to investors on Friday, September 6th. They now have a GBX 60 ($0.95) price target on the stock.
Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 46.63 ($0.74).
Dixons Retail (LON:DXNS) opened at 47.42 on Thursday. Dixons Retail has a 52 week low of GBX 18.70 and a 52 week high of GBX 48.75. The stock has a 50-day moving average of GBX 44.34 and a 200-day moving average of GBX 39.94.
Dixons Retail plc is a specialist electrical retailer and services company, which sells consumer electronics, personal computers, domestic appliances, photographic equipment, communication products and related services.
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