Darty PLC Rating Increased to Buy at Societe Generale (DRTY)
Darty PLC (LON:DRTY) was upgraded by equities researchers at Societe Generale to a “buy” rating in a research report issued on Friday. The firm currently has a GBX 124 ($2.09) price objective on the stock. Societe Generale’s target price would suggest a potential upside of 35.52% from the stock’s previous close.
A number of other firms have also recently commented on DRTY. Analysts at Citigroup Inc. upgraded shares of Darty PLC to a “buy” rating in a research note on Friday. They now have a GBX 115 ($1.93) price target on the stock, down previously from GBX 130 ($2.19). Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of Darty PLC in a research note on Thursday. They now have a GBX 140 ($2.35) price target on the stock. Finally, analysts at Nplus1 Brewin upgraded shares of Darty PLC to a “buy” rating in a research note on Monday, March 31st. They now have a GBX 140 ($2.35) price target on the stock. Six equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 90.89 ($1.53).
Shares of Darty PLC (LON:DRTY) opened at 91.75 on Friday. Darty PLC has a 1-year low of GBX 54.50 and a 1-year high of GBX 133.00. The stock’s 50-day moving average is GBX 105.9 and its 200-day moving average is GBX 107.5.
Darty plc, formerly Kesa Electricals plc, is a cross channel service led electrical retailer. The Company operates in three segments: Darty (LON:DRTY), other established businesses (which consists of Vanden Borre in Belgium, BCC in the Netherlands, and Datart in the Czech Republic and Slovakia), and developing businesses (which consist of Darty Italy, Darty Spain and Darty Turkey).
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