Zacks Investment Research downgraded Dollar Tree, Inc. (NASDAQ:DLTR) to Sell in a report released today.
- Updated: October 3, 2016
Zacks Investment Research has downgraded Dollar Tree, Inc. (NASDAQ:DLTR) to Sell in a report released on 10/3/2016.
Previously on 09/27/2016, Vetr Inc. reported about Dollar Tree, Inc. (NASDAQ:DLTR) raised the target price from $0.00 to $86.00. At the time, this indicated a possible upside of 0.07%.
Only yesterday Dollar Tree, Inc. (NASDAQ:DLTR) traded 0.76% higher at $78.93. The company’s 50-day moving average is $85.24 and its 200-day average is $86.72. With the last stock price close down -8.29% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 2,423,238 shares of DLTR traded hands, up from an average trading volume of 2,391,570
Recent Performance Chart
Dollar Tree, Inc. has 52 week low of $60.31 and a 52 week high of $99.93 with a PE ratio of 26.39 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 19 brokers have issued a research note on the company. The average stock price target is $95.49 with 4 brokers 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 lastly zero brokerages rating the company a sell.
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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.