Merrill Lynch analyst Robert Ohmes reiterated a Buy rating on Dollar General on Thursday, setting a price target of $245, which is approximately 14.22% above the present share price of $214.49.
Ohmes expects Dollar General to post earnings per share (EPS) of $3.15 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Dollar General, with an average price target of $247.86.
The analysts price targets range from a high of $260 to a low of $240.
In its latest earnings report, released on 07/31/2020, the company reported a quarterly revenue of $8.68 billion and a net profit of $1.04 billion. The company's market cap is $54.04 billion.
According to TipRanks.com, Merrill Lynch analyst Robert Ohmes is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.8% and a 64.24% success rate.
Dollar General Corp (NYSE:DG). engages in retailing of merchandise, including consumable items, seasonal items, home products and apparel. Its brands include Clorox (NYSE:CLX), Energizer, Procter & Gamble, Hanes, Coca-Cola (NYSE:KO), Mars, Unilever (NYSE:UL), Nestle, Kimberly-Clark (NYSE:KMB), Kellogg (NYSE:K)'s, General Mills (NYSE:GIS), and PepsiCo (NASDAQ:PEP). The company was founded by J. L. Turner and Hurley Calister Turner Sr. in 1939 and is headquartered in Goodlettsville, TN.