In a report issued on May 6, Karen Short from Barclays maintained a Buy rating on Dollar General (DG), with a price target of $138. The company’s shares opened today at $121.70, close to its 52-week high of $126.84.
According to TipRanks.com, Short is a 4-star analyst with an average return of 6.8% and a 60.8% success rate. Short covers the Services sector, focusing on stocks such as The Chefs’ Warehouse, United Natural Foods, and Vitamin Shoppe Inc.
Currently, the analyst consensus on Dollar General is a Strong Buy with an average price target of $129, representing a 6.0% upside. In a report issued on April 24, Morgan Stanley also maintained a Buy rating on the stock with a $129 price target.
See today’s analyst top recommended stocks >>
Dollar General’s market cap is currently $31.73B and has a P/E ratio of 20.45. The company has a Price to Book ratio of 4.94.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. Last month, Robert Ravener, the EVP & Chief People Officer of DG sold 38,659 shares for a total of $4,632,841.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dollar General Corp. engages in retailing of merchandise, including consumable items, seasonal items, home products and apparel. Its brands include Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg’s, General Mills, and PepsiCo.
