DCC plc (LON:DCC) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give DCC a “Moderate Buy” consensus: Four of seven brokers rate the stock a buy, while three recommend holding it. The average 12-month price target is GBX 6,215.43.
• Recent broker targets range from GBX 6,100 to GBX 6,700, with Berenberg and Deutsche Bank raising their targets while maintaining buy and hold ratings, respectively.
• DCC shares opened at GBX 6,375, near the average analyst target, with a market capitalization of approximately £5.45 billion and a 52-week range of GBX 4,188 to GBX 6,740.

DCC plc (LON:DCC - Get Free Report) has been given an average recommendation of "Moderate Buy" by the seven brokerages that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 6,215.43.

A number of analysts have weighed in on DCC shares. Deutsche Bank Aktiengesellschaft boosted their price target on DCC from GBX 6,000 to GBX 6,650 and gave the stock a "hold" rating in a research report on Tuesday, July 28th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 6,100 target price on shares of DCC in a research report on Wednesday, May 20th. Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 6,500 price target on shares of DCC in a research report on Thursday, June 11th. Peel Hunt reaffirmed an "add" rating and set a GBX 6,350 price objective on shares of DCC in a report on Monday, July 27th. Finally, Berenberg Bank lifted their target price on shares of DCC from GBX 6,300 to GBX 6,700 and gave the stock a "buy" rating in a report on Wednesday, June 10th.

DCC Price Performance

DCC stock opened at GBX 6,375 on Friday. The firm has a market cap of £5.45 billion, a PE ratio of 451.49, a PEG ratio of 4.37 and a beta of 0.73. DCC has a 1 year low of GBX 4,188 and a 1 year high of GBX 6,740. The company has a fifty day simple moving average of GBX 6,205.84 and a 200 day simple moving average of GBX 5,496.66. The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 100.63.

DCC Company Profile

DCC Energy is a leader in multi-energy sales and distribution in Europe and the US. The Group serves millions of customers across the commercial & industrial, public and domestic sectors. DCC Energy delivers mainly off-grid energy solutions, led by liquid gas, and operates services stations and fleet services. The Group supplies the secure, cleaner and competitive energy that customers need, supporting industrial processes, heating homes, and keeping transport moving. DCC Energy does this while supporting customers through the transition with the energy and services they need next.

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