Dollar General Corp. (NYSE:DG) had its price target dropped by equities research analysts at JPMorgan Chase & Co. from $75.00 to $70.00 in a research report issued to clients and investors on Wednesday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price indicates a potential downside of 9.47% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. MKM Partners reissued a “buy” rating and set a $97.00 price objective on shares of Dollar General Corp. in a report on Thursday, August 25th. Royal Bank Of Canada lifted their price target on shares of Dollar General Corp. from $90.00 to $103.00 and gave the stock an “outperform” rating in a report on Friday, August 26th. Credit Suisse Group AG set a $70.00 price target on shares of Dollar General Corp. and gave the stock a “hold” rating in a report on Wednesday, October 5th. raised shares of Dollar General Corp. from an “underperform” rating to an “outperform” rating and lifted their price target for the stock from $59.75 to $96.88 in a report on Wednesday, October 26th. Finally, Macquarie reaffirmed an “outperform” rating and issued a $92.00 price target on shares of Dollar General Corp. in a report on Wednesday, September 14th. One analyst has rated the stock with a sell rating, eleven have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $88.83.

Analyst Recommendations for Dollar General Corp. (NYSE:DG)

Shares of Dollar General Corp. (NYSE:DG) traded down 1.26% during mid-day trading on Wednesday, hitting $77.32. 7,131,746 shares of the company traded hands. Dollar General Corp. has a 52-week low of $65.11 and a 52-week high of $96.88. The firm has a 50-day moving average price of $71.74 and a 200 day moving average price of $81.86. The firm has a market cap of $21.78 billion, a price-to-earnings ratio of 18.08 and a beta of 0.80.

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Several hedge funds have recently bought and sold shares of DG. Capital Analysts LLC boosted its stake in Dollar General Corp. by 264.6% in the second quarter. Capital Analysts LLC now owns 27,424 shares of the company’s stock valued at $900,000 after buying an additional 19,902 shares during the period. Capstone Asset Management Co. boosted its stake in Dollar General Corp. by 1.9% in the second quarter. Capstone Asset Management Co. now owns 24,382 shares of the company’s stock valued at $2,292,000 after buying an additional 445 shares during the period. NN Investment Partners Holdings N.V. boosted its stake in Dollar General Corp. by 55.7% in the second quarter. NN Investment Partners Holdings N.V. now owns 628,139 shares of the company’s stock valued at $59,046,000 after buying an additional 224,609 shares during the period. Tompkins Financial Corp boosted its stake in Dollar General Corp. by 134.6% in the second quarter. Tompkins Financial Corp now owns 2,850 shares of the company’s stock valued at $268,000 after buying an additional 1,635 shares during the period. Finally, Creative Planning boosted its stake in Dollar General Corp. by 66.7% in the second quarter. Creative Planning now owns 3,475 shares of the company’s stock valued at $327,000 after buying an additional 1,390 shares during the period. 82.88% of the stock is owned by institutional investors and hedge funds.

Dollar General Corp. Company Profile

Dollar General Corporation is a discount retailer. The Company offers a selection of merchandise, including consumables, seasonal, home products and apparel. The Company’s consumables category includes paper and cleaning products (such as paper towels, bath tissue, and other home cleaning supplies); packaged food (such as cereals, spices, sugar and flour); perishables (such as milk, beer and wine); snacks (such as candy, cookies, and carbonated beverages); health and beauty (such as over-the-counter medicines and personal care products); pet (pet supplies and pet food), and tobacco products.

5 Day Chart for NYSE:DG

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