A statement released earlier today by Credit Suisse about Dillard's (NYSE:DDS) bumps the target price to $70.00
- Updated: October 2, 2016
Boasting a price of $58.21, Dillard's (NYSE:DDS) traded 3.24% higher on the day. With the last stock price close down -4.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Dillard's has recorded a 50-day average of $61.82 and a two hundred day average of $65.64. Volume of trade was up over the average, with 590,921 shares of DDS changing hands over the typical 503,414
Credit Suisse upped the price target of Dillard's (NYSE:DDS) to $70.00 stating a potential upside of 0.20%.
On Friday August 12, 2016, Telsey Advisory released a statement for Dillard's (NYSE:DDS) bumped up the target price from $62.00 to $65.00 that suggested a downside of -0.02%.
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Dillard's has a 52 week low of $54.37 and a 52 week high of $94.12 with a P/E ratio of 10.41 The company’s market cap is currently $0.
In addition to Credit Suisse reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is $60.50 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 3 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Dillard's (NYSE:DDS)
Dillard's, Inc. is a retailer of fashion apparel, cosmetics and home furnishing. The Company operates approximately 300 Dillard's stores, including over 20 clearance centers, and an Internet store offering a range of merchandise, including fashion apparel for women, men and children, accessories, cosmetics, home furnishings and other consumer goods. Its segments include the Retail operations segment, which includes the operation of the Company's retail department stores, and the Construction segment, which includes the operations of CDI Contractors, LLC (CDI), a general contracting construction company. CDI's business includes constructing and remodeling stores for the Company. Its merchandise includes various lines of brand merchandise, such as Antonio Melani, Gianni Bini, GB, Roundtree & Yorke, and Daniel Cremieux. It operates retail department stores in approximately 30 states, primarily in the southwest, southeast and midwest regions of the United States.
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