Darty PLC Given Consensus Recommendation of “Hold” by Brokerages (LON:DRTY)
Shares of Darty PLC (LON:DRTY) have been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the company, Analyst Ratings Network reports. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 118.88 ($1.97).
Several analysts have recently commented on the stock. 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.
Shares of Darty PLC (LON:DRTY) opened at 83.25 on Wednesday. Darty PLC has a 1-year low of GBX 67.13 and a 1-year high of GBX 133.00. The stock has a 50-day moving average of GBX 81.14 and a 200-day moving average of GBX 98.35.
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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