DCC (LON:DCC) Sets New 52-Week High – Here’s What Happened

Shares of DCC plc (LON:DCC) reached a new 52-week high during trading on Monday . The company traded as high as GBX 6,355 and last traded at GBX 6,355, with a volume of 611636 shares. The stock had previously closed at GBX 6,275.

Analyst Ratings Changes

A number of research analysts have recently commented on DCC shares. Berenberg Bank upped their price target 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. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 6,500 target price on shares of DCC in a research note on Thursday, June 11th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 6,100 target price on shares of DCC in a research note on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on DCC from GBX 5,500 to GBX 6,000 and gave the company a “hold” rating in a research note on Wednesday, May 20th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of GBX 6,020.43.

DCC Stock Performance

The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 100.63. The firm’s fifty day moving average is GBX 6,049.40 and its 200 day moving average is GBX 5,258.80. The company has a market cap of £5.43 billion, a PE ratio of 450.07, a price-to-earnings-growth ratio of 4.37 and a beta of 0.73.

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.