DCC (LON:DCC) Reaches New 52-Week High - Still a Buy?

Key Points

• DCC reached a new 52-week high of GBX 5,340 (last trade GBX 5,330) on heavy volume (762,296 shares) and was trading up about 1.9%.
• Analysts maintain a Moderate Buy consensus (four Buy, two Hold) with an average price target of GBX 5,673.83 and individual targets ranging from GBX 4,708 to GBX 6,500.
• Key fundamentals: market capitalization £4.56bn, negative P/E (-70.4) and a relatively high debt-to-equity ratio (85%), highlighting profitability and leverage considerations for investors.

DCC plc (LON:DCC - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 5,340 and last traded at GBX 5,330, with a volume of 762296 shares traded. The stock had previously closed at GBX 5,235.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Panmure Gordon reiterated a "hold" rating and set a GBX 4,708 price target on shares of DCC in a report on Monday, January 19th. Royal Bank Of Canada reiterated an "outperform" rating and set a GBX 5,400 price target on shares of DCC in a report on Tuesday, January 27th. UBS Group reiterated a "buy" rating and set a GBX 6,500 price target on shares of DCC in a report on Friday, January 23rd. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 6,300 price target on shares of DCC in a report on Thursday, February 5th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, DCC has a consensus rating of "Moderate Buy" and an average price target of GBX 5,673.83.

DCC Trading Up 1.9%

The company has a market capitalization of £4.56 billion, a price-to-earnings ratio of -70.42, a price-to-earnings-growth ratio of 4.37 and a beta of 0.62. The business has a fifty day moving average price of GBX 4,923.15 and a 200 day moving average price of GBX 4,853.11. The company has a debt-to-equity ratio of 85.00, a current ratio of 1.36 and a quick ratio of 0.89.

DCC Company Profile

DCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100.

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