Dollar Tree (NASDAQ:DLTR) has been downgraded from Neutral to Underweight in a statement by Atlantic Equities earlier today.
- Updated: September 27, 2016
Having a price of $80.00, Dollar Tree (NASDAQ:DLTR) traded 0.39% higher on the day. With the last close down -7.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Dollar Tree has recorded a 50-day average of $87.27 and a two hundred day average of $86.85. Volume of trade was down over the average, with 996,774 shares of DLTR changing hands under the typical 2,316,840
Atlantic Equities has downgraded Dollar Tree (NASDAQ:DLTR) from Neutral to Underweight in a statement released on Tuesday September 27, 2016.
On 9/23/2016, Barclays released a statement on Dollar Tree (NASDAQ:DLTR) upped the target price from $0.00 to $88.00 that suggested an upside of 0.10%.
With a total market value of $0, Dollar Tree has price-earnings ratio of 26.65 with a one year low of $60.31 and a one year high of $99.93 .
A total of 19 analysts have released a research note on the company. 4 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 13 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 (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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