DCC (LON:DCC) Sets New 1-Year High - Here's Why

Key Points

• DCC hit a new 52-week high — shares traded as high as GBX 5,315 and last at GBX 5,300 on volume of 4,425,239 shares.
• Analyst sentiment is positive (consensus "Moderate Buy") — four Buys and two Holds with a consensus target of GBX 5,673.83 and individual targets up to GBX 6,500 (UBS).
• Fundamentals show size but elevated risk — market cap £4.52bn, P/E of -69.82 and debt-to-equity of 85%, with the share price trading above its 50- and 200-day moving averages.

Shares of DCC plc (LON:DCC - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 5,315 and last traded at GBX 5,300, with a volume of 4425239 shares trading hands. The stock had previously closed at GBX 5,215.

Analyst Upgrades and Downgrades

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

DCC Trading Up 1.4%

The stock has a market cap of £4.52 billion, a P/E ratio of -69.82, a PEG ratio of 4.37 and a beta of 0.62. The company has a debt-to-equity ratio of 85.00, a current ratio of 1.36 and a quick ratio of 0.89. The business's 50 day simple moving average is GBX 4,898.95 and its 200 day simple moving average is GBX 4,834.99.

About DCC

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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