Citigroup Inc. Reiterates “Buy” Rating for Darty PLC (DRTY)
Darty PLC (LON:DRTY)‘s stock had its “buy” rating reiterated by stock analysts at Citigroup Inc. in a report issued on Friday. They currently have a GBX 115 ($1.95) price objective on the stock. Citigroup Inc.’s price objective would suggest a potential upside of 22.34% from the company’s current price.
DRTY has been the subject of a number of other recent research reports. 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 ($2.38) price target on the stock. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of Darty PLC in a research note on Monday. They now have a GBX 124 ($2.10) price target on the stock. Finally, analysts at Societe Generale upgraded shares of Darty PLC to a “buy” rating in a research note on Friday, May 23rd. They now have a GBX 124 ($2.10) price target on the stock. Five research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 94.98 ($1.61).
Shares of Darty PLC (LON:DRTY) traded up 7.43% during mid-day trading on Friday, hitting GBX 94.00. The stock had a trading volume of 2,397,568 shares. Darty PLC has a 52 week low of GBX 54.50 and a 52 week high of GBX 133.00. The stock’s 50-day moving average is GBX 0.96 and its 200-day moving average is GBX 1.08.
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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