DCC's (DCC) "Hold" Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of DCC (LON:DCC - Free Report) in a research note published on Friday morning, MarketBeat Ratings reports. They currently have a GBX 5,500 ($74.19) price objective on the stock.

Separately, Royal Bank Of Canada dropped their price objective on DCC from GBX 5,400 ($72.85) to GBX 5,200 ($70.15) and set an "outperform" rating for the company in a report on Monday, May 19th.

DCC Trading Down 1.1%

Shares of DCC stock traded down GBX 54 ($0.73) on Friday, reaching GBX 4,734 ($63.86). The company had a trading volume of 696,568 shares, compared to its average volume of 621,734. The firm has a market cap of £4.69 billion, a price-to-earnings ratio of 21.97, a P/E/G ratio of 4.37 and a beta of 0.74. The company has a debt-to-equity ratio of 77.99, a current ratio of 1.31 and a quick ratio of 0.89. The firm's 50-day moving average price is GBX 4,726.10 and its two-hundred day moving average price is GBX 5,021.23. DCC has a 1 year low of GBX 4,452 ($60.06) and a 1 year high of GBX 5,865 ($79.12).

DCC announced that its Board of Directors has authorized a stock buyback program on Tuesday, May 27th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

Insider Buying and Selling at DCC

In other DCC news, insider Donal Murphy sold 8,150 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of GBX 4,541 ($61.26), for a total value of £370,091.50 ($499,246.59). Also, insider Kevin Lucey sold 1,850 shares of the company's stock in a transaction on Thursday, May 22nd. The stock was sold at an average price of GBX 4,541 ($61.26), for a total value of £84,008.50 ($113,325.91). 0.23% of the stock is currently owned by corporate insiders.

DCC Company Profile

DCC plc is a leading international sales, marketing and support services group operating in 22 countries, supplying products and services used by millions of people every day. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology, employing over 16,000 people.