Dollar Tree (DLTR) : 11 brokerage houses believe that Dollar Tree (DLTR) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Dollar Tree (DLTR). Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 18 Wall Street Analysts endorse the stock as a Buy with a rating of 1.72.
Dollar Tree (DLTR) : The consensus price target for Dollar Tree (DLTR) is $97.75 for the short term with a standard deviation of $8.05. The most optimist securities analyst among the 15 who monitor the stock believes that the stock can reach $110, however, the pessimist price target for the company is $80.
For the current week, the company shares have a recommendation consensus of Buy.
Dollar Tree (NASDAQ:DLTR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $95.88 and $95.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $96.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $96.77, notching a gain of 0.56% for the day. The total traded volume was 1,312,502 . The stock had closed at $96.23 on the previous day.
Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price of $ 1.00. The Company offers a selection of everyday basic products and also supplements these basic, everyday items with seasonal, closeout and promotional merchandise. As of July 06, 2015, the Company operated more than 13,600 stores across 48 states and five Canadian provinces. Its stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar. Dollar Trees consumable merchandise includes candy and food health and beauty care and everyday consumables, such as paper and chemicals, and in select stores frozen and refrigerated food. The Companys variety merchandise includes toys, durable housewares, gifts, party goods, greeting cards, softlines and other items. Its seasonal goods include Valentines Day, Easter, Halloween and Christmas merchandise.