AlphaValue Reiterates “Reduce” Rating for Dixons Retail (DXNS)
Dixons Retail (LON:DXNS)‘s stock had its “reduce” rating restated by equities research analysts at AlphaValue in a research note issued to investors on Thursday, American Banking & Market News reports. They currently have a GBX 43.10 ($0.70) price target on the stock. AlphaValue’s price objective would indicate a potential downside of 6.45% from the stock’s previous close.
A number of other analysts have also recently weighed in on DXNS. Analysts at Bank of America Corp. reiterated a “neutral” rating on shares of Dixons Retail (LON:DXNS) in a research note to investors on Monday, September 23rd. They now have a GBX 52 ($0.84) price target on the stock. Separately, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of Dixons Retail (LON:DXNS) in a research note to investors on Friday, September 20th. They now have a GBX 58 ($0.94) price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Dixons Retail (LON:DXNS) from GBX 49 ($0.79) to GBX 53 ($0.86) in a research note to investors on Monday, September 9th. They now have a “buy” rating on the stock. Two 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. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 47.35 ($0.76).
Shares of Dixons Retail (LON:DXNS) traded down 0.11% on Thursday, hitting GBX 46.02. 3,089,170 shares of the company’s stock traded hands. Dixons Retail has a one year low of GBX 19.65 and a one year high of GBX 48.75. The stock has a 50-day moving average of GBX 44.45 and a 200-day moving average of 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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