Dollar General Stock Rating Reaffirmed by TheStreet (DG)
Dollar General (NYSE: DG)‘s stock had its “buy” rating restated by analysts at TheStreet in a research report issued to clients and investors on Tuesday.
The analysts wrote, “Dollar General Corporation (DG) has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . The company’s strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company shows low profit margins.”
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase cut their price target on shares of Dollar General from $50.00 to $45.00 in a research note to investors on Tuesday, February 19th. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG downgraded shares of Dollar General from a “reduce” rating to an “outperform” rating in a research note to investors on Wednesday, January 9th. They now have a $49.00 price target on the stock, down previously from $54.00. They noted that the move was a valuation call. Finally, analysts at RBC Capital downgraded shares of Dollar General from an “outperform” rating to a “sector perform” rating in a research note to investors on Wednesday, January 9th. They now have a $49.00 price target on the stock, down previously from $54.00.
Fifteen equities research analysts have rated the stock with a buy rating, four have issued an overweight rating, and eight have issued a hold rating to the company’s stock. The company currently has a consensus rating of “overweight” and a consensus price target of $53.18.
Shares of Dollar General traded up 0.56% during mid-day trading on Tuesday, hitting $47.745. Dollar General has a 52 week low of $39.73 and a 52 week high of $56.04. The stock’s 50-day moving average is currently $46.13. The company has a market cap of $15.694 billion and a P/E ratio of 17.30.
Dollar General Corporation is a discount retailer in the United States by number of stores, with 9,961 stores located in 39 states as of March 2, 2012, primarily in the southern, southwestern, midwestern and eastern United States.
To view TheStreet’s full report, visit www.thestreetratings.com
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