Dollar General Corporation (NYSE:DG) should head towards $89.12 per share according to 17 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $79 per share. The higher price estimate target is at $97 according to the Analysts.
Many analysts have stated their opinion on the company shares. Citigroup maintains their rating on the shares of Dollar General Corporation (NYSE:DG). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $98 per share from $86 per share. The rating by the firm was issued on March 13, 2016.
Dollar General Corporation (NYSE:DG) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.72 points or 0.85% at $83.9 with 2,401,031 shares getting traded. Post opening the session at $84.55, the shares hit an intraday low of $83.8 and an intraday high of $85.18 and the price was in this range throughout the day. The company has a market cap of $24,409 million and the number of outstanding shares have been calculated to be 290,934,510 shares. The 52-week high of Dollar General Corporation (NYSE:DG) is $86.8019 and the 52-week low is $59.75.
Dollar General Corporation (NYSE:DG) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.58 by 20 Brokerage Firm. 13 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.
Dollar General Corporation has dropped 1.34% in the last five trading days, however, the shares have posted positive gains of 15.28% in the last 4 weeks. Dollar General Corporation is up 17.64% in the last 3-month period. Year-to-Date the stock performance stands at 16.74%.
Investors should note that the Company has disclosed insider buying and selling activities to the Securities Exchange, The Securities and Exchange Commission has divulged that Elliott Anita C, officer (SVP & Chief Accounting Officer) of Dollar General Corp, had unloaded 7,981 shares at an average price of $84.96 in a transaction dated on March 14, 2016. The total value of the transaction was worth $678,066.
Dollar General Corporation is the discount retailer in the United States. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. Consumables category includes paper and cleaning products; packaged food; perishables; snacks; health and beauty; pet and tobacco products. Seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, automotive and home office supplies. Home products includes kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, bed and bath soft goods. Apparel includes casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. Its merchandise includes national brands and private brands selections. It operates approximately 11,879 stores located in over 43 states.