Dollar General (NYSE:DG) Rating Reaffirmed
Recently, In analysts note distributed to Clients on Wednesday morning, Dollar General (NYSE:DG) shares have had their Outperform Rating maintained by analysts at RBC Capital Mkts, who currently has a $82 PT on firm. This target by RBC Capital Mkts would now indicate the possibile upside of 24.77% from the last close price.
From a total of 22 analysts covering Dollar General Corp. (NYSE:DG) stock, 19 rate it a ”Buy”, 0 a “Sell”, and 9 a ”Hold”. This means that 68% of the ratings are positive. The highest target price is $90 while the lowest target price is $73. The mean of all analyst targets is $82.09 with a 26.75% above today’s ($65.71) stock price. Dollar General Corp. was the topic of 11 analyst reports since August 13, 2015 according to the firm StockzIntelligence Inc. BB&T Capital upgraded shares on November 20 to “” rating. RBC Capital Markets maintained shares with “Outperform” rating and $88 target share price in a report from an August 28. Piper Jaffray maintained DG stock in a recent report from November 3 with “Overweight” rating. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on an October 7.
The stock increased 0.46% or $0.3 on December 1, striking $65.71. Approximately shares of stock traded hands. Dollar General Corp. (NYSE:DG) has declined 11.01% since April 29, 2015 and is downtrending. It has underperformed by 10.81% the S&P500.
Analysts await Dollar General Corp. (NYSE:DG) to reports earnings on December, 3. They expect $0.87 EPS, up 10.13% or $0.08 from last year’s $0.79 per share. DG’s profit will be $253.68M for 18.88 P/E if the $0.87 EPS becomes reality. After $0.95 actual EPS reported by Dollar General Corp. for the previous quarter, Wall Street now forecasts -8.42% negative EPS growth.
Dollar General Corporation is the discount retailer in the United States. The company has a market cap of $19.16 billion. The Firm offers a selection of merchandise, including consumables, seasonal, home products and apparel. It has 17.59 P/E ratio. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products.
According to Zacks Investment Research, “Dollar General Corporation is a discount retailer in the United States. The Company separates its merchandise into four categories, which includes highly consumable, seasonal, home products and basic clothing. Highly consumable consists of packaged food, candy, snacks and refrigerated products, health and beauty aids, home cleaning supplies and pet supplies; seasonal consists of seasonal and holiday-related items, toys, stationery and hardware; home products consists of house wares and domestics, and basic clothing consists of casual everyday apparel. Dollar General is among the largest retailers of top-quality products made by America’s most trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg’s, General Mills, Nabisco, Fruit of the Loom, PepsiCo and Coca-Cola. The Company store support center is located in Goodlettsville, Tennessee.” Get a free copy of the Zacks research report on Dollar General Corp. (DG).