DCC (LON:DCC) Share Price Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• DCC's share price crossed above its 200-day moving average (GBX 4,892.88), trading as high as GBX 5,820 and last at GBX 5,765 on strong volume — a bullish technical signal.
• Analyst sentiment is a “Moderate Buy” (4 Buy, 3 Hold) with an average target of GBX 5,891.86 and several firms (UBS, RBC, Berenberg, Jefferies) setting targets between GBX 6,100–6,500.
• Investors should note fundamentals that warrant caution: a negative PE (-75.57) and an elevated debt-to-equity (85.00) despite a market cap of about £4.89 billion.

DCC plc (LON:DCC - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 4,892.88 and traded as high as GBX 5,820. DCC shares last traded at GBX 5,765, with a volume of 62,679,645 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DCC shares. Panmure Gordon reaffirmed a "hold" rating and set a GBX 4,708 price objective on shares of DCC in a research report on Monday, January 19th. Royal Bank Of Canada raised DCC to a "sector perform" rating and increased their price objective for the company from GBX 5,400 to GBX 6,500 in a research report on Thursday, April 30th. UBS Group reaffirmed a "buy" rating and set a GBX 6,500 price objective on shares of DCC in a research report on Friday, January 23rd. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 6,100 price objective on shares of DCC in a research report on Thursday, April 30th. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 6,300 price objective on shares of DCC in a research report on Thursday, February 5th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of GBX 5,891.86.

DCC Price Performance

The firm has a 50-day moving average of GBX 4,984.55 and a 200 day moving average of GBX 4,892.88. 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 company has a market capitalization of £4.89 billion, a PE ratio of -75.57, a PEG ratio of 4.37 and a beta of 0.62.

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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