Dillard’s PT Raised to $112.00 at Buckingham Research (DDS)
Stock analysts at Buckingham Research lifted their target price on shares of Dillard’s (NYSE:DDS) from $108.00 to $112.00 in a report issued on Friday, Analyst Ratings News reports. The firm currently has a “buy” rating on the stock. Buckingham Research’s target price points to a potential upside of 0.90% from the company’s current price.
Dillard’s (NYSE:DDS) traded up 14.91% on Friday, hitting $111.00. The stock had a trading volume of 2,670,311 shares. Dillard’s has a 52 week low of $75.60 and a 52 week high of $111.74. The stock’s 50-day moving average is $95.36 and its 200-day moving average is $91.5. The company has a market cap of $4.876 billion and a P/E ratio of 13.61.
Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, May 15th. The company reported $2.56 earnings per share for the quarter, beating the analysts’ 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.
A number of other firms have also recently commented on DDS. Analysts at Citigroup Inc. raised their price target on shares of Dillard’s from $100.00 to $110.00 in a research note on Friday. They now have a “neutral” rating on the stock. Separately, 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. Finally, 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. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Dillard’s presently has a consensus rating of “Hold” and a consensus target price of $99.59.
Dillard’s, Inc (NYSE:DDS) is a fashion apparel, cosmetics and home furnishing retailer.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.