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Loop Capital downgraded Dollar Tree Inc. (NDAQ:DLTR) from Buy to Hold in a report released today.

Loop Capital has downgraded Dollar Tree Inc. (NDAQ:DLTR) from Buy to Hold in a report released on 10/13/2017.

Just yesterday Dollar Tree Inc. (NDAQ:DLTR) traded 0.26% higher at $91.70. Dollar Tree Inc.’s 50-day moving average is $84.47 and its 200-day moving average is $77.57. The last stock price is up 18.10% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 460,964 shares of DLTR traded hands, down from an average trading volume of 2,608,160

Recent Performance Chart

Dollar Tree Inc. (NDAQ:DLTR)

Dollar Tree Inc. has 52 week low of $65.63 and a 52 week high of $91.80 with a PE ratio of 23.44 and has a market capitalization of $0.

In addition to Loop Capital 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 brokers rating the stock a buy, 13 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Dollar Tree Inc. (NDAQ: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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