David Jones Limited Receives “Reduce” Rating from Morningstar (DJS)
David Jones Limited (ASX:DJS)‘s stock had its “reduce” rating reiterated by equities research analysts at Morningstar in a research note issued to investors on Monday, AnalystRatings.NET reports.
Shares of David Jones Limited (ASX:DJS) traded up 1.94% during mid-day trading on Monday, hitting A$3.160. The stock had a trading volume of 3,324,846 shares. David Jones Limited has a 52 week low of A$2.320 and a 52 week high of A$3.190. The stock’s 50-day moving average is A$3.02 and its 200-day moving average is A$2.89. The company has a market cap of A$1.687 billion and a P/E ratio of 17.32.
Separately, analysts at CIMB raised their price target on shares of David Jones Limited from $2.54 to $2.74 in a research note on Wednesday, November 20th. They now have a “neutral” rating on the stock.
David Jones Limited is engaged is engaged in department store (ASX:DJS) retailing, and financial services through an alliance with American Express.
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