Citigroup Inc. Increases Dillard’s Price Target to $110.00 (DDS)
Equities researchers at Citigroup Inc. lifted their price target on shares of Dillard’s (NYSE:DDS) from $100.00 to $110.00 in a research report issued on Friday, Analyst Ratings Network reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s price target points to a potential downside of 0.90% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Telsey Advisory Group raised their price target on shares of Dillard’s from $100.00 to $110.00 in a research note on Thursday, April 10th. They now have a “not rated” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Dillard’s in a research note on Tuesday, April 1st. They now have a $97.00 price target on the stock. Finally, analysts at Credit Suisse downgraded shares of Dillard’s from an “outperform” rating to a “neutral” rating in a research note on Wednesday, March 5th. They now have a $93.00 price target on the stock. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $99.59.
Shares of Dillard’s (NYSE:DDS) traded up 14.91% on Friday, hitting $111.00. The stock had a trading volume of 2,670,061 shares. Dillard’s has a 1-year low of $75.60 and a 1-year high of $100.63. The stock’s 50-day moving average is $94.76 and its 200-day moving average is $91.33. The company has a market cap of $4.876 billion and a price-to-earnings ratio of 13.61.
Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, May 15th. The company reported $2.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.41 by $0.15. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.68 billion. On average, analysts predict that Dillard’s will post $7.77 earnings per share for the current fiscal year.
Dillard’s, Inc (NYSE:DDS) is a fashion apparel, cosmetics and home furnishing retailer.
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