Brokers bullish on Dollar General shares

Brokers bullish on Dollar General shares

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The Dollar General (NYQ:DG) share price has risen by 2.15% over the past month and it’s currently trading at 197.12. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Dollar General currently has:

  • 8 Buy recommendations
  • 8 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

Researching beyond analyst forecasts

At its current price of 197.12, shares in Dollar General are trading at a discount of -4.60% to its 52 week high price. The 1-year performance of the shares has been 25.7%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Dollar General it's worth doing some investigation yourself. Indeed, we've identified some areas of concern with Dollar General that you can find out about here.

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Dollar General's StockRank™

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Dollar General's StockRank™

With a StockRank of 81, Dollar General is more attractive than 81% of the 10,779 stocks we cover in North America, according to our proprietary ranking system.

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