Barclays Capital announced Dollar Tree Inc. (NASDAQ:DLTR), boosting its stock price target to $88.00 today
- Updated: September 23, 2016
In a report released on Friday September 23, 2016 Barclays Capital increased the stock price target of Dollar Tree Inc. (NASDAQ:DLTR) to $88.00 reporting a possible upside of 0.10%.
Just yesterday Dollar Tree Inc. (NASDAQ:DLTR) traded 0.02% higher at $80.07. Dollar Tree Inc.’s 50-day moving average is $87.76 and its 200-day moving average is $86.70. The last stock price is down -7.62% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 2,675,282 shares of DLTR traded hands, up from an average trading volume of 2,323,290
Recent Performance Chart
Dollar Tree Inc. has 52 week low of $60.31 and a 52 week high of $99.93 with a PE ratio of 26.57 and has a market capitalization of $0.
In addition to Barclays Capital reporting its stock price target, a total of 19 brokerages have issued a ratings update on the company. The average stock price target is $95.49 with 4 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, 13 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Dollar Tree Inc. (NASDAQ:DLTR)
Dollar Tree, Inc. is an operator of discount variety stores. The Company operates approximately 13,851 discount variety retail stores. The Company's segments include Dollar Tree and Family Dollar. The Dollar Tree segment operates discount variety stores offering merchandise at a fixed price. The Family Dollar segment operates a chain of general merchandise retail discount stores providing consumers with a selection of merchandise in neighborhood stores. Its stores operate under the names of Dollar Tree, Family Dollar, Dollar Tree Canada, Deals and Dollar Tree Deals. The Dollar Tree segment includes its operations under the Dollar Tree, Dollar Tree Canada, Deals and Dollar Tree Deals brands, over 10 distribution centers in the United States and over two in Canada, and a Store Support Center in Chesapeake, Virginia. The Family Dollar segment consists of its operations under the Family Dollar brand, over 11 distribution centers and a Store Support Center in Matthews, North Carolina.
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