Dixons Retail PLC Receives “Buy” Rating from Investec (DXNS)
Dixons Retail PLC (LON:DXNS)‘s stock had its “buy” rating reiterated by Investec in a research note issued on Tuesday, ARN reports. They currently have a GBX 56 ($0.93) target price on the stock. Investec’s target price points to a potential upside of 9.16% from the company’s current price.
Dixons Retail PLC (LON:DXNS) traded up 1.99% during mid-day trading on Tuesday, hitting GBX 51.30. 25,341,420 shares of the company’s stock traded hands. Dixons Retail PLC has a 52-week low of GBX 26.331 and a 52-week high of GBX 53.00. The stock has a 50-day moving average of GBX 46.88 and a 200-day moving average of GBX 47.09.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of Dixons Retail PLC in a research note on Tuesday. They now have a GBX 41 ($0.68) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Dixons Retail PLC in a research note on Monday, February 17th. They now have a GBX 65 ($1.08) price target on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “buy” rating on shares of Dixons Retail PLC in a research note on Friday, February 14th. They now have a GBX 60 ($1.00) price target on the stock. Two 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 has a consensus rating of “Buy” and a consensus target price of GBX 51.26 ($0.85).
Dixons Retail plc is a specialist electrical retailing and services company, which sells consumer electronics, personal computers, domestic appliances, photographic equipment, communication products and related financial and after-sales services.
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