Dixons Retail Receives Overweight Rating from Barclays (DXNS)
Dixons Retail (LON:DXNS)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays in a research report issued to clients and investors on Monday, Stock Ratings Network.com reports. They currently have a GBX 65 ($1.09) price objective on the stock. Barclays’ target price would suggest a potential upside of 38.21% from the stock’s previous close.
A number of other analysts have also recently weighed in on DXNS. Analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Dixons Retail in a research note on Friday. They now have a GBX 60 ($1.01) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Dixons Retail in a research note on Friday, January 31st. They now have a GBX 60 ($1.01) price target on the stock. Finally, analysts at BNP Paribas raised their price target on shares of Dixons Retail from GBX 50 ($0.84) to GBX 53 ($0.89) in a research note on Thursday, January 23rd. They now have a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 51.06 ($0.86).
Dixons Retail (LON:DXNS) opened at 47.95 on Monday. Dixons Retail has a 1-year low of GBX 25.40 and a 1-year high of GBX 53.00. The stock has a 50-day moving average of GBX 46.85 and a 200-day moving average of GBX 46.90.
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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