Dixons Retail PLC’s “Buy” Rating Reaffirmed at Oriel Securities Ltd (DXNS)
Dixons Retail PLC (LON:DXNS)‘s stock had its “buy” rating reiterated by stock analysts at Oriel Securities Ltd in a report issued on Friday, American Banking News reports. They currently have a GBX 56 ($0.94) price objective on the stock. Oriel Securities Ltd’s price objective indicates a potential upside of 22.62% from the company’s current price.
Dixons Retail PLC (LON:DXNS) traded down 3.08% during mid-day trading on Friday, hitting GBX 44.2625. The stock had a trading volume of 33,097,180 shares. Dixons Retail PLC has a 52-week low of GBX 36.55 and a 52-week high of GBX 53.30. The stock has a 50-day moving average of GBX 47.51 and a 200-day moving average of GBX 48.39.
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 PLC in a research note on Thursday. They now have a GBX 60 ($1.01) price target on the stock. Separately, analysts at Bank of America reiterated a “buy” rating on shares of Dixons Retail PLC in a research note on Monday. They now have a GBX 58 ($0.98) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of Dixons Retail PLC in a research note on Tuesday, February 25th. They now have a GBX 56 ($0.94) price target on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 52.42 ($0.88).
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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