Dollar General Corp. Price Target Raised to $75.00 at MKM Partners (DG)
Stock analysts at MKM Partners upped their price target on shares of Dollar General Corp. (NYSE:DG) from $67.00 to $75.00 in a report issued on Tuesday. The firm currently has a “buy” rating on the stock. MKM Partners’ target price would suggest a potential upside of 16.93% from the stock’s previous close.
A number of other firms have also recently commented on DG. Analysts at Deutsche Bank raised their price target on shares of Dollar General Corp. from $69.00 to $73.00 in a research note on Tuesday. Separately, analysts at Telsey Advisory Group raised their price target on shares of Dollar General Corp. from $62.00 to $69.00 in a research note on Monday. They now have a “not rated” rating on the stock. Finally, analysts at Johnson Rice upgraded shares of Dollar General Corp. from an “equal weight” rating to an “overweight” rating in a research note on Monday. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Dollar General Corp. has a consensus rating of “Buy” and an average price target of $69.40.
Shares of Dollar General Corp. (NYSE:DG) traded down 0.41% on Tuesday, hitting $63.88. The stock had a trading volume of 5,048,565 shares. Dollar General Corp. has a one year low of $53.00 and a one year high of $65.99. The stock’s 50-day moving average is $56.9 and its 200-day moving average is $57.22. The company has a market cap of $19.375 billion and a P/E ratio of 19.89.
Dollar General Corp. (NYSE:DG) last released its earnings data on Tuesday, June 3rd. The company reported $0.72 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.73 by $0.01. The company had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.56 billion. During the same quarter last year, the company posted $0.71 earnings per share. Dollar General Corp.’s revenue was up 6.8% compared to the same quarter last year. Analysts expect that Dollar General Corp. will post $3.57 EPS for the current fiscal year.
Dollar General Corporation is a discount retailer in the United States by number of stores, with 9,961 stores located in 39 states as of March 2, 2012, primarily in the southern, southwestern, midwestern and eastern United States.
Receive News & Ratings for Dollar General Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar General Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.