Destination XL Group Inc. (DXLG) Stock Price Down 9.2%
Shares of Destination XL Group Inc. (NASDAQ:DXLG) fell 9.2% on Thursday . The stock traded as low as $4.80 and last traded at $4.91, with a volume of 85,183 shares trading hands. The stock had previously closed at $5.41.
A number of analysts have recently commented on the company. Zacks Investment Research lowered Destination XL Group from a “hold” rating to a “sell” rating in a research note on Wednesday, May 4th. Wunderlich assumed coverage on Destination XL Group in a research note on Tuesday, August 2nd. They set a “buy” rating and a $6.50 price target on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $7.33.
The company’s market capitalization is $240.63 million. The stock has a 50-day moving average price of $5.08 and a 200 day moving average price of $4.93.
Destination XL Group, Inc is a specialty retailer of men’s apparel with retail and direct operations in the United States and London, England. The Company operates through the Big & Tall Men’s Apparel segment. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL and LivingXL.
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