Dart Group’s (DTG) “Buy” Rating Reiterated at Canaccord Genuity

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Dart Group (LON:DTG)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 1,250 ($16.33) target price on the stock. Canaccord Genuity’s price target would indicate a potential upside of 42.86% from the company’s previous close.

DTG stock traded down GBX 3.50 ($0.05) during mid-day trading on Wednesday, reaching GBX 875.50 ($11.44). 166,718 shares of the company’s stock were exchanged, compared to its average volume of 465,771. The company has a current ratio of 1.56, a quick ratio of 1.45 and a debt-to-equity ratio of 108.73. The company has a market capitalization of $1.30 billion and a P/E ratio of 6.21. Dart Group has a 12-month low of GBX 725 ($9.47) and a 12-month high of GBX 1,052 ($13.75).

About Dart Group

Dart Group PLC, together with its subsidiaries, engages in leisure travel, and distribution and logistics businesses in Europe. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in package holiday, passenger aircraft, charter aircraft, non-ticket retail, and warehousing and distribution activities.

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