Oppenheimer analyst Rupesh Parikh maintained a Hold rating on Dollar General (DG – Research Report) today. The company’s shares closed yesterday at $145.68.
Parikh covers the Consumer Cyclical sector, focusing on stocks such as Costco, Ulta Beauty, and Dollar General. According to TipRanks, Parikh has an average return of 10.6% and a 63.74% success rate on recommended stocks.
Currently, the analyst consensus on Dollar General is a Moderate Buy with an average price target of $160.61, which is a 10.25% upside from current levels. In a report released on April 15, J.P. Morgan also maintained a Hold rating on the stock with a $161.00 price target.
DG market cap is currently $32B and has a P/E ratio of 19.29.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DG in relation to earlier this year.
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 (DG) Company Description:
Based in Tennessee and founded in 1939, Dollar General Corp. is a discount retailer, which provides various merchandise products including consumable items, seasonal items, home products and apparel, in the southern, southwestern, Midwestern, and eastern United States.
Read More on DG:
- Dollar General price target raised to $161 from $158 at JPMorgan
- Dollar General Secures New Agreements with Top Executives
- Dollar General CIO Wenkoff sells 5,909 common shares
- Dollar General price target raised to $175 from $160 at Argus
- Dollar General Stock (NYSE:DG) Is a Good Call as a Competitor Falls
