Dixons Retail Receives “Buy” Rating from Cantor Fitzgerald Europe (DXNS)
Dixons Retail (LON:DXNS)‘s stock had its “buy” rating restated by research analysts at Cantor Fitzgerald Europe in a report released on Thursday, Analyst RN reports. They currently have a GBX 60 ($0.99) price target on the stock. Cantor Fitzgerald Europe’s price target suggests a potential upside of 19.05% from the stock’s previous close.
Shares of Dixons Retail (LON:DXNS) traded down 6.53% during mid-day trading on Thursday, hitting GBX 47.11. The stock had a trading volume of 53,876,436 shares. Dixons Retail has a 1-year low of GBX 25.40 and a 1-year high of GBX 53.00. The stock’s 50-day moving average is GBX 49. and its 200-day moving average is GBX 46.68.
A number of other firms have also recently commented on DXNS. Analysts at Investec reiterated a “buy” rating on shares of Dixons Retail in a research note to investors on Thursday. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Dixons Retail in a research note to investors on Thursday, January 9th. They now have a GBX 62 ($1.02) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Dixons Retail in a research note to investors on Wednesday, December 18th. They now have a GBX 62 ($1.02) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 49.69 ($0.82).
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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