Deutsche Bank Maintains a 'Hold' on Dollar Tree (DLTR); Q2 Preview: Risk vs. Reward

Deutsche Bank maintains a 'Hold' on Dollar Tree (NASDAQ: DLTR) price target of $54.00.

Analyst, Charles Grom, said, "Dollar Tree will report 2Q12 earnings on 8/16. We’re modeling 2Q EPS of $0.47 (+21% YOY), in-line with Consensus and at the high-end of guidance. Our forecast is based on a +5.0% comp. While DLTR shares are up +25.0% YTD vs. +11.4% S&P 500, we see limited near-term upside given: (1) valuation at ~17x our FY13 EPS (a premium to competitors), and (2) less EPS upside given macro/inflation uncertainty. Provided the less enticing risk/reward, we believe DLTR shares are fairly valued today."

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

Shares of Dollar Tree closed at $50.72 yesterday.

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