Dixons Retail’s Buy Rating Reaffirmed at Cantor Fitzgerald Europe (DXNS)
Dixons Retail (LON:DXNS)‘s stock had its “buy” rating reaffirmed by equities researchers at Cantor Fitzgerald Europe in a research report issued on Thursday, American Banking and Market News reports. They currently have a GBX 60 ($0.99) price objective on the stock. Cantor Fitzgerald Europe’s price objective would indicate a potential upside of 19.05% from the stock’s previous close.
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 investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 49.69 ($0.82).
Dixons Retail (LON:DXNS) traded down 7.14% on Thursday, hitting GBX 46.80. The stock had a trading volume of 21,159,712 shares. Dixons Retail has a one year low of GBX 25.40 and a one 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.
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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