Johnson Rice upgraded Dollar Tree, Inc. (NASDAQ:DLTR) to Accumulate in a statement released earlier today.
- Updated: December 1, 2016
Johnson Rice has upgraded Dollar Tree, Inc. (NASDAQ:DLTR) to Accumulate in a statement released on 12/01/2016.
Boasting a price of $86.57, Dollar Tree, Inc. (NASDAQ:DLTR) traded -1.80% lower on the day. With the last stock price close up 0.63% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Dollar Tree, Inc. has recorded a 50-day average of $78.37 and a two hundred day average of $86.03. Volume of trade was up over the average, with 4,337,609 shares of DLTR changing hands over the typical 2,893,490
With a total market value of $0, Dollar Tree, Inc. has price-earnings ratio of 25.45 with a one year low of $72.52 and a one year high of $99.93 .
A total of 19 equity analysts have released a research note on DLTR. Four equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $95.49.
More About 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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