Cleveland Research downgraded Dollar Tree Inc. (NASDAQ:DLTR) from Buy to Neutral in a statement released earlier today.
- Updated: October 4, 2016
Cleveland Research has downgraded Dollar Tree Inc. (NASDAQ:DLTR) from Buy to Neutral in a statement released on 10/04/2016.
Boasting a price of $76.99, Dollar Tree Inc. (NASDAQ:DLTR) traded 0.76% higher on the day. With the last stock price close down -8.29% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day average of $85.24 and a two hundred day average of $86.72. Trade Volume was up over the average, with 2,423,238 shares of DLTR changing hands over the typical 2,391,570
Recent Performance Chart
Dollar Tree Inc. has PE ratio of 26.39 with a one year low of $60.31 and a one year high of $99.93 and has a market capitalization of $0.
A total of 19 brokerages have released a report on Dollar Tree Inc.. Four brokerages rating the company a strong buy, seven brokerages rating the company a buy, thirteen brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $95.49.
General Company Details For 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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