DELL Has Its Price Target Increased By Brokerages To $98

DELL
DELL

The stocks of DELL have raised the price target, courtesy of analysts from Credit Suisse Group, from a sum of $95 to a sum of $98 in a Thursday research report. According to the same report, the company currently has a rating of neutral on it. The price target put forward by the brokerage indicates a downgrade of 0.62% from the previous close of the company. 

The Stock Commentary Of DELL

There have been quite a few research equities that have commented on the stocks of DELL. Wells Fargo & Company has already increased the price target of the company from $90 to $120 with a price rating of overweight in a 21st April research report. Deutsche Bank has also increased the price target of the company from $100 to $120 with a rating of buy in a 19th April research report.

Zacks has also increased the rating of the company from hold to buy with a price target of $113 in a 28th April research report. Argus has also put up a rating of buy on the company in a 20th January research note.

Five of the investment analysts covering the firm have already given it a rating of hold, while thirteen others have issued it with a rating of buy. Currently, DELL has a buy rating with a $92.84 price target.

The stocks of DELL traded on Thursday at $0.21. The moving average price of the company over a period of 50 days is $93.85, with the moving average price of the company over a period of 200 days set at $78.81. The market cap of the company is $75.21 billion, with a PE ratio of 30.86. The year low of the company is $39.30, with the year high coming to $103.80. The debt-to-equity ratio of the company is 7.29, with a 0.70 quick ratio. 

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