Dell (NYSE:DELL) Target Raised by Deutsche Bank AG to $60.00

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Dell stock has undergone multiple analysts rating changes in the recent past.  Dell stock Target Raised by   Deutsche Bank AG on 6/29/2020. In a note to investors, the firm issued a new target price of $60.00. The analysts previously had $55.00 target price. Deutsche Bank AG’s price target would indicate a potential upside of 14.83% from the stock’s previous close.

Shares of Dell traded up $1.51 on Monday, reaching $53.76. 2818298 shares of the stock traded hands, compared to its average volume of 3499115. Shares of were trading at $53.76 on Monday. The firm’s 50 day moving average is $45.26 and its 200 day moving average is 47.38.Dell  has a 12 month low of $51.82 and a 12 month high of $59.17. While on yearly highs and lows, Dell today has traded high as $53.92 and has touched $51.82 on the downward trend.

Dell Earnings and What to expect: 

Dell last issued its quarterly earnings results on May 28th, 2020. The technology company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.33. The firm earned $21.90 billion during the quarter, compared to the consensus estimate of $20.65 billion. Its revenue for the quarter was up .0% on a year-over-year basis. Dell has generated $5.96 earnings per share over the last year and currently has a price-to-earnings ratio of 8.6. Dell has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, September 3rd, 2020 based off prior year’s report dates.

Earnings for Dell are expected to grow by 22.22% in the coming year, from $5.40 to $6.60 per share. The P/E ratio of Dell is 8.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.08. The P/E ratio of Dell is 8.61, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.51. Dell has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued. Dell has a P/B Ratio of 12.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 48.30%
  • On 6/2/2020 Insider Karen H Quintos Sell 37,933 at average share price of $49.19 which equates to $1,865,924.27 in money value.
  • On 5/29/2020 Insider Howard D Elias Sell 16,004 at average price of  $50.00 with total value of : Not Data Available
  • On 5/29/2020 CFO Thomas W Sweet Sell 3,038 at average price of  $50.00 with total value of : $151,900.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Dell

  • 6/24/2020 – Dell had its “buy” rating re-affirmed by analysts at Bank of America Corp. They now have a $60.00 price target on the stock. ()
  • 6/24/2020 – Dell had its price target raised by analysts at Wells Fargo & Co from $57.00 to $70.00. They now have an “overweight” rating on the stock. ()
  • 6/8/2020 – Dell was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. ()
  • 6/5/2020 – Dell was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating. ()
  • See More Analyst Rating at: RATING

Other rating updates by Deutsche Bank AG: 

  • 6/29/2020 – GAP had its price target raised by analysts at Deutsche Bank AG from $13.00 to $15.00. They now have a “hold” rating on the stock. ()
  • 6/29/2020 – Koninklijke Philips was given a new €47.00 price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Haier Electronics Group is now covered by analysts at Deutsche Bank AG. They set a “hold” rating on the stock. ()
  • 6/29/2020 – Big Lots had its price target raised by analysts at Deutsche Bank AG from $37.00 to $42.00. They now have a “hold” rating on the stock. ()
  • See More Analyst Rating at: RATING

Dell (NYSE:DELL) Moving Average Technical Analysis

5 day Moving Average is $51.86 And 5 day price change is 5.05 (0.1046)  with average volume for 5 day average is 6,214,359. While technical analysis for average 20 days shows significant difference, 20 day moving average is  49.42 and 20 day price change is 3.97 (0.0804) and average 20 day moving volume is 3,451,225. 50 day moving average is 45.26  and 50 day price change is 11.83 ( 0.285)  and with average volume for 50 days is : 2,882,516. 200 day moving average is 47.38  and 200 day price change is -0.81 (-1.50%)  and with average volume for 200 days is : 2,753,603.

See More Analyst Rating at: RATING