Barclays Capital Increases Dixons Retail Price Target to GBX 61 (DXNS)
Analysts at Barclays Capital hoisted their price target on shares of Dixons Retail (LON:DXNS) from GBX 60 ($0.96) to GBX 61 ($0.98) in a research report issued to clients and investors on Friday, Stock Ratings News reports. The firm currently has an “overweight” rating on the stock. Barclays Capital’s price objective points to a potential upside of 31.81% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Dixons Retail in a research note to investors on Friday. They now have a GBX 56 ($0.90) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Dixons Retail in a research note to investors on Thursday, October 3rd. They now have a GBX 43.10 ($0.69) price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of Dixons Retail in a research note to investors on Monday, September 23rd. They now have a GBX 52 ($0.83) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the stock. Dixons Retail currently has a consensus rating of “Hold” and an average price target of GBX 48.14 ($0.77).
Dixons Retail (LON:DXNS) traded down 0.90% during mid-day trading on Friday, hitting GBX 46.28. 13,855,924 shares of the company’s stock traded hands. Dixons Retail has a one year low of GBX 20.08 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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