Darty PLC Receives Average Rating of “Hold” from Brokerages (LON:DRTY)
Shares of Darty PLC (LON:DRTY) have earned a consensus rating of “Hold” from the eleven brokerages that are covering the company, American Banking News reports. Five research analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 112.53 ($1.93).
Shares of Darty PLC (LON:DRTY) opened at 89.00 on Tuesday. Darty PLC has a 52-week low of GBX 67.50 and a 52-week high of GBX 133.00. The stock has a 50-day moving average of GBX 0.96 and a 200-day moving average of GBX 1.08.
DRTY has been the subject of a number of recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Darty PLC from GBX 338 ($5.80) to GBX 288 ($4.94) in a research note on Thursday, June 26th. They now have a “buy” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Darty PLC in a research note on Tuesday, June 24th. They now have a GBX 85 ($1.46) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Darty PLC in a research note on Friday, June 20th. They now have a GBX 115 ($1.97) price target on the stock.
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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