Dsg at a Record Low As Citi Slashes Its Targets ; Market Report
Evening Standard - London › November 19, 2008
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Summary
SHARES in electrical retailer DSG International slumped to a record low today, with prospects for shareholders still looking far from bright.
More than 55 million shares changed hands as the price of Europe's secondbiggest electrical retailer, which includes PC World and Currys, dropped 6.32p to 9.68p, making it the biggest loser among second-line stocks. The shares started the year at 118 1/4p but the scope for a rally appears limited.See the full content of this document
Extract
Dsg at a Record Low As Citi Slashes Its Targets ; Market Report
The company is now valued at just [pounds]182 million. At its peak in 1999, it would have been worth more than [pounds]6 billion.
Citigroup has slashed its full-year target price from 3...See the full content of this document
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