Darty PLC Given Buy Rating at N+1 Singer (DRTY)
Darty PLC (LON:DRTY)‘s stock had its “buy” rating restated by equities research analysts at N+1 Singer in a research note issued to investors on Wednesday. They currently have a GBX 133 ($2.20) price target on the stock. N+1 Singer’s price objective suggests a potential upside of 64.20% from the company’s current price.
Darty PLC (LON:DRTY) traded up 1.54% during mid-day trading on Wednesday, hitting GBX 82.25. 131,062 shares of the company’s stock traded hands. Darty PLC has a one year low of GBX 67.50 and a one year high of GBX 133.00. The stock’s 50-day moving average is GBX 81.97 and its 200-day moving average is GBX 98.90.
A number of other firms have also recently commented on DRTY. Analysts at Canaccord Genuity cut their price target on shares of Darty PLC from GBX 338 ($5.59) to GBX 288 ($4.77) 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 ($1.41) 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 ($1.90) price target on the stock. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 118.88 ($1.97).
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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