Dixons Retail Stock Rating Reaffirmed by Bank of America Corp. (DXNS)
Dixons Retail (LON:DXNS)‘s stock had its “neutral” rating restated by Bank of America Corp. in a research note issued on Monday, AnalystRatingsNetwork reports. They currently have a GBX 52 ($0.83) target price on the stock. Bank of America Corp.’s target price would indicate a potential upside of 12.55% from the company’s current price.
DXNS has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Dixons Retail (LON:DXNS) in a research note to investors on Friday. They now have a GBX 58 ($0.93) price target on the stock. Separately, 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 ($0.70) price target on the stock, down previously from GBX 43.60 ($0.70). Finally, analysts at Deutsche Bank raised their price target on shares of Dixons Retail (LON:DXNS) from GBX 49 ($0.78) to GBX 53 ($0.85) in a research note to investors on Monday, September 9th. They now have a “buy” rating on the stock.
Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 47.37 ($0.76).
Dixons Retail (LON:DXNS) traded down 1.72% during mid-day trading on Monday, hitting GBX 46.20. 9,937,815 shares of the company’s stock traded hands. Dixons Retail has a one year low of GBX 18.83 and a one year high of GBX 48.75. The stock’s 50-day moving average is GBX 44.45 and its 200-day moving average is GBX 40.03.
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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