Another day...6 Sep 2013 10:14
Dixons Retail PT Raised to GBX 46 (DXNS)
Posted by matt on Sep 6th, 2013
Research analysts at JPMorgan Chase & Co. boosted their target price on shares of Dixons Retail (LON:DXNS) from GBX 43 ($0.67) to GBX 46 ($0.71) in a report released on Friday, Stock Ratings Network.com reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target suggests a potential downside of 1.88% from the stock’s previous close.
Shares of Dixons Retail (LON:DXNS) opened at 46.88 on Friday. Dixons Retail has a 1-year low of GBX 18.70 and a 1-year high of GBX 48.75. The stock’s 50-day moving average is GBX 43.96 and its 200-day moving average is GBX 38.60.
Several other analysts have also recently commented on the stock. Analysts at WH Ireland raised their price target on shares of Dixons Retail (LON:DXNS) from GBX 50 ($0.77) to GBX 60 ($0.93) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Dixons Retail (LON:DXNS) from GBX 46 ($0.71) to GBX 52 ($0.81) in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of Dixons Retail (LON:DXNS) from GBX 50 ($0.77) to GBX 53 ($0.82) in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company. Dixons Retail has a consensus rating of “Hold” and an average target price of GBX 45.08 ($0.70).
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.