Dixons Retail Given “buy” Rating at Cantor Fitzgerald (DXNS)
Dixons Retail (LON:DXNS)‘s stock had its “buy” rating restated by investment analysts at Cantor Fitzgerald in a note issued to investors on Friday, StockRatingsNetwork.com reports. They currently have a GBX 58 ($0.92) price target on the stock. Cantor Fitzgerald’s price target indicates a potential upside of 22.75% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue upgraded shares of Dixons Retail (LON:DXNS) to a “reduce” rating in a research note to investors on Thursday. They now have a GBX 43.50 ($0.69) price target on the stock, down previously from GBX 43.60 ($0.69). Separately, 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. Finally, 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.
Two analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 47.05 ($0.75).
Dixons Retail (LON:DXNS) traded down 0.11% during mid-day trading on Friday, hitting GBX 47.20. 9,820,556 shares of the company’s stock traded hands. Dixons Retail has a one year low of GBX 18.75 and a one year high of GBX 48.75. The stock’s 50-day moving average is GBX 44.41 and its 200-day moving average is GBX 39.99.
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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