Consensus price target of GBX 50.679 Jan 2014 16:57
Dixons Retail (LON:DXNS)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Barclays in a research note issued to investors on Thursday, Stock Ratings Network reports. They currently have a GBX 62 ($1.02) target price on the stock. Barclays’ price objective indicates a potential upside of 24.45% from the company’s current price.
Dixons Retail (LON:DXNS) opened at 49.82 on Thursday. Dixons Retail has a 1-year low of GBX 25.40 and a 1-year high of GBX 53.00. The stock’s 50-day moving average is GBX 49.91 and its 200-day moving average is GBX 46.33.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “buy” rating on shares of Dixons Retail in a research note to investors on Wednesday, December 18th. They now have a GBX 60 ($0.98) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Dixons Retail in a research note to investors on Wednesday, December 18th. They now have a GBX 48 ($0.79) price target on the stock. Finally, analysts at Prime Markets reiterated a “buy” rating on shares of Dixons Retail in a research note to investors on Tuesday, December 17th. They now have a GBX 55 ($0.90) price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. Dixons Retail currently has a consensus rating of “Buy” and a consensus price target of GBX 50.67 ($0.83).
http://www.wkrb13.com/markets/246849/dixons-retail-receives-overweight-rating-from-barclays-dxns/