TOday’s Movers: Dollar General (NYSE:DG) Stock Rating Reconfirmed at MKM Partners; $82 Target Price Indicates 19.85% Potential


Dollar General (NYSE:DG) Rating Reaffirmed

In a note sent to clients and investors on 4 December, The Buy rating of Dollar General (NYSE:DG) shares was kept steady at MKM Partners, who now has a $82 price target on the stock. MKM Partners’s price target would now indicate a possible upside of 19.85% from the close price of the company.

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 $89 while the lowest target price is $73. The mean of all analyst targets is $81.77 with a 20.48% above today’s ($68.42) stock price. Dollar General Corp. was the topic of 12 analyst reports since August 13, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 2 with “Outperform” rating. Deutsche Bank maintained shares with “Buy” rating and $80 target share price in a report from an October 7. Wolfe Research downgraded DG stock in a recent report from November 10 to “Peer Perform” rating. Finally, Bank of America upgraded the stock to “Neutral” rating in a report issued on an October 21.

Approximately 2.26M shares of stock traded hands. Dollar General Corp. (NYSE:DG) has declined 7.28% since May 1, 2015 and is downtrending. It has underperformed by 4.50% the S&P500.

Dollar General Corporation is the discount retailer in the United States. The company has a market cap of $20.26 billion. The Firm offers a selection of merchandise, including consumables, seasonal, home products and apparel. It has 17.9 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).