Latest Thread...19 Sep 2013 17:04
Dixons Retail Rating Increased to Reduce at AlphaValue (DXNS)
Posted by Nolan Pearson on Sep 19th, 2013 // No Comments
Dixons Retail (LON:DXNS) was upgraded by stock analysts at AlphaValue to a “reduce” rating in a report issued on Thursday, ARN reports. The firm currently has a GBX 43.50 ($0.69) price target on the stock, down from their previous price target of GBX 43.60 ($0.69). AlphaValue’s price objective suggests a potential downside of 6.79% from the company’s current price.
A number of other analysts have also recently weighed in on DXNS. Analysts at Deutsche Bank raised their price target on shares of Dixons Retail (LON:DXNS) from GBX 49 ($0.78) to GBX 53 ($0.84) in a research note to investors on Monday, September 9th. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Dixons Retail (LON:DXNS) in a research note to investors on Friday, September 6th. They now have a GBX 48 ($0.76) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Dixons Retail (LON:DXNS) in a research note to investors on Friday, September 6th. They now have a GBX 60 ($0.95) price target on the stock.
Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 46.63 ($0.74).
Shares of Dixons Retail (LON:DXNS) opened at 47.419 on Thursday. Dixons Retail has a one year low of GBX 18.70 and a one year high of GBX 48.75. The stock has a 50-day moving average of GBX 44.34 and a 200-day moving average of GBX 39.94.
Dixons Retail plc is a specialist electrical retailer and services company, which sells consumer electronics, personal computers, domestic appliances, photographic equipment, communication products and related services.