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Dixons Retail (LON:DXNS)‘s stock had its “buy” rating reaffirmed by equities researchers at Nomura in a research report issued on Friday, American Banking News.com reports. They currently have a GBX 60 ($0.99) price objective on the stock. Nomura’s target price suggests a potential upside of 27.36% from the stock’s previous close.

Shares of Dixons Retail (LON:DXNS) opened at 47.43 on Friday. 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 49.89 and its 200-day moving average is GBX 46.69.

Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities initiated coverage on shares of Dixons Retail in a research note to investors on Friday. They set a “hold” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Dixons Retail in a research note to investors on Friday. They now have a GBX 60 ($0.99) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Dixons Retail in a research note to investors on Friday. They now have a GBX 60 ($0.99) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Dixons Retail presently has an average rating of “Hold” and an average target price of GBX 50.01 ($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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