Barclays Capital Reaffirms Equalweight Rating on Dollar Tree (DLTR)
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs (NYSE: GS) raised their price target on shares of Dollar Tree to $93.00 in a research note to investors on Friday. Separately, analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of Dollar Tree in a research note to investors on Friday. Finally, analysts at FBR Capital (NASDAQ: FBCM) raised their price target on shares of Dollar Tree from $86.00 to $100.00 in a research note to investors on Friday. They now have a “market perform” rating on the stock.
Dollar Tree opened at 95.19 on Friday. Dollar Tree has a 1-year low of $57.27 and a 1-year high of $102.42. The company has a market cap of $11.023 billion and a price-to-earnings ratio of 22.57.
Dollar Tree last released its earnings data on Thursday, May 17th. The company reported $1.00 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.97 by $0.03. Dollar Tree’s revenue was up 11.5% compared to the same quarter last year. Analysts expect that Dollar Tree will post $1.03 EPS next quarter.
Dollar Tree, Inc. is an operator of discount variety stores offering merchandise at the fixed price of $1.