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Dollar Tree (NASDAQ:DLTR) target price raised to $108.00, reported today by Telsey Advisory

Yesterday Dollar Tree (NASDAQ:DLTR) traded 0.26% higher at $91.25. The company’s 50-day moving average is $84.47 and its 200-day moving average is $77.57. The last stock close price is up 18.10% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 460,964 shares of the stock were exchanged, down from an average trading volume of 2,608,160

Dollar Tree (NASDAQ:DLTR) had its target price raised to $108.00 by Telsey Advisory in a report released 11/23/2017. The new target price indicates a possible upside of 0.18% based on the company's last stock close price.

Previously on 11/22/2017, MKM Partners reported about Dollar Tree (NASDAQ:DLTR) raised the target price from $96.00 to $105.00. At the time, this indicated a possible upside of 0.15%.

See Chart Below

Dollar Tree (NASDAQ:DLTR)

Dollar Tree has a 52 week low of $65.63 and a 52 week high of $91.80 with a P/E ratio of 23.44 The company’s market cap is currently $0.

In addition to Telsey Advisory reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is $95.49 with 4 firms rating the stock a strong buy, 7 firms rating the stock a buy, 13 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Dollar Tree (NASDAQ:DLTR)

Dollar Tree, Inc. is an operator of discount variety stores. As of January 28, 2017, the Company operated 14,334 stores in 48 states and the District of Columbia, and five Canadian provinces. Its segments include Dollar Tree and Family Dollar. The Dollar Tree segment is the operator of 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 and Dollar Tree Canada. As of January 28, 2017, the Dollar Tree segment included 6,360 stores operating under the Dollar Tree and Dollar Tree Canada brands, 11 distribution centers in the United States and two in Canada and a Store Support Center in Chesapeake, Virginia, and 11 distribution centers and a Store Support Center in Matthews, North Carolina under the Family Dollar brand.

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