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Broker snap: Citi cuts DSG target price
Mon, 01 Dec, 2008
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Broker snap: Citi cuts DSG target price
Mon, 13 Oct 2008, 11:23:00
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Related Market Prices
Name
Value
Percent
Change
DSG International
9.81p
-16.51%
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Citigroup has lowered its target price on electrical retailer
DSG International
to 30p from 35p.
The broker has a 'sell' rating on DSG, which owns Currys and PC World.
Shares in DSG have fallen by about 20% over the last month and 70% over the last year amid a backdrop of falling sales as tough economic conditions hit trading.
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