Dixons Retail Price Target Raised to GBX 54 at Deutsche Bank (DXNS)
Equities research analysts at Deutsche Bank boosted their target price on shares of Dixons Retail (LON:DXNS) from GBX 53 ($0.85) to GBX 54 ($0.86) in a research note issued to investors on Monday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 17.62% from the stock’s previous close.
A number of other analysts have also recently weighed in on DXNS. Analysts at Barclays raised their price target on shares of Dixons Retail from GBX 60 ($0.96) to GBX 61 ($0.97) in a research note to investors on Friday. They now have an “overweight” rating on the stock. Separately, 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 ($0.89) price target on the stock. Finally, 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. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 48.19 ($0.77).
Shares of Dixons Retail (LON:DXNS) traded down 0.80% on Monday, hitting GBX 45.91. The stock had a trading volume of 7,754,862 shares. Dixons Retail has a 52 week low of GBX 20.08 and a 52 week 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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