Focus on the Long-Term with Dollar General (DG) as EPS can grow to above $17/sh by '27 - Jefferies

Jefferies analyst Corey Tarlowe reiterated a Buy rating and $285.00 price target on Dollar General (NYSE: DG), telling investors to focus on the long term. They are estimating >$17 in EPS by 2027, up 60% versus 2022.

The analyst commented, "We believe investors are overly focused on the near term, while missing the long-term opportunity of DD% EPS growth beyond 2023, driven by market share gains ahead. We estimate 2027 EPS could be >$17, representing >60% growth from 2022 levels. DG is trading at a 4x discount to Lrg Cap Value Retail (vs. historical avg disc. of 2x). In conjunction with this analysis, we are raising our ests. and conviction in DG as a top pick."

For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.

Shares of Dollar General closed at $216.51 yesterday.

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