Shares of Dell Technologies Inc (NYSE:DVMT) have earned a consensus recommendation of “Buy” from the eight brokerages that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $108.50.
A number of equities research analysts have weighed in on the company. Deutsche Bank lifted their price objective on Dell Technologies from $114.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, June 5th. ValuEngine raised Dell Technologies from a “hold” rating to a “buy” rating in a report on Thursday, July 12th. Wells Fargo & Co reaffirmed an “outperform” rating and set a $105.00 price objective on shares of Dell Technologies in a report on Tuesday, July 3rd. Finally, Zacks Investment Research raised Dell Technologies from a “hold” rating to a “buy” rating and set a $103.00 price objective on the stock in a report on Wednesday, July 4th.
NYSE DVMT opened at $98.65 on Friday. The company has a debt-to-equity ratio of 2.66, a quick ratio of 0.87 and a current ratio of 0.88. The company has a market cap of $74.81 billion, a price-to-earnings ratio of 15.99 and a beta of -0.15. Dell Technologies has a 1-year low of $64.96 and a 1-year high of $99.02.
Dell Technologies Company Profile
Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services worldwide. It operates through three segments: Client Solutions Group (CSG), Infrastructure Solutions Group (ISG), and VMware. The CSG segment offers hardware, such as desktop personal computers, notebooks, and workstations; and branded peripherals, including monitors and projectors; third-party software and peripherals; and attached software, peripherals, and services comprising support and deployment, configuration, and extended warranty services.
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