Darty PLC Receives Consensus Recommendation of “Hold” from Analysts (LON:DRTY)
Shares of Darty PLC (LON:DRTY) have earned an average recommendation of “Hold” from the ten ratings firms that are covering the stock, American Banking News reports. Four equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is GBX 118.88 ($1.97).
DRTY has been the subject of a number of recent research reports. Analysts at N+1 Singer reiterated a “buy” rating on shares of Darty PLC in a research note on Wednesday. They now have a GBX 133 ($2.20) price target on the stock. Separately, 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. Finally, 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.
Darty PLC (LON:DRTY) traded up 2.38% on Wednesday, hitting GBX 82.925. The stock had a trading volume of 67,419 shares. Darty PLC has a 52-week low of GBX 67.50 and a 52-week 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.
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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