Darty’s “Underperform” Rating Reaffirmed at Bank of America Corp. (DRTY)
Darty (LON:DRTY)‘s stock had its “underperform” rating reiterated by stock analysts at Bank of America Corp. in a report issued on Monday, StockRatingsNetwork reports. They currently have a GBX 69 ($1.11) price target on the stock. Bank of America Corp.’s price objective points to a potential upside of 0.36% from the stock’s previous close.
Darty (LON:DRTY) traded up 1.10% on Monday, hitting GBX 68.75. The stock had a trading volume of 138,328 shares. Darty has a one year low of GBX 37.00 and a one year high of GBX 94.00. The stock has a 50-day moving average of GBX 78.16 and a 200-day moving average of GBX 62.72.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Darty (LON:DRTY) in a research note to investors on Thursday, September 12th. They now have a GBX 85 ($1.36) price target on the stock. Separately, analysts at N+1 Singer reiterated a “hold” rating on shares of Darty (LON:DRTY) in a research note to investors on Thursday, September 12th. They now have a GBX 85 ($1.36) price target on the stock. Finally, analysts at AlphaValue upgraded shares of Darty (LON:DRTY) to a “reduce” rating in a research note to investors on Tuesday, September 10th. They now have a GBX 73.80 ($1.18) price target on the stock, up previously from GBX 73.20 ($1.17).
Nine investment analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The company presently has an average rating of “Sell” and a consensus target price of GBX 63.88 ($1.02).
Darty plc, formerly Kesa Electricals plc, is a cross channel service led electrical retailer operating nearly 500 stores in nine European countries.
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