DCC plc (LON:DCC) Receives Average Rating of “Hold” from Brokerages

Shares of DCC plc (LON:DCC) have been assigned an average rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 6,215.43.

A number of equities research analysts have recently weighed in on the stock. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 6,500 price objective on shares of DCC in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of DCC from GBX 6,000 to GBX 6,650 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Berenberg Bank downgraded shares of DCC to a “hold” rating and set a GBX 6,700 price target for the company. in a research note on Wednesday, September 2nd. Peel Hunt restated an “add” rating and set a GBX 6,350 price target on shares of DCC in a research report on Monday, July 27th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 6,100 price objective on shares of DCC in a research note on Wednesday, May 20th.

DCC Price Performance

Shares of LON DCC opened at GBX 6,325 on Tuesday. DCC has a one year low of GBX 4,188 and a one year high of GBX 6,740. The company has a debt-to-equity ratio of 100.63, a current ratio of 1.20 and a quick ratio of 0.89. The firm’s 50 day simple moving average is GBX 6,317.52 and its two-hundred day simple moving average is GBX 5,739.03. The stock has a market capitalization of £5.40 billion, a P/E ratio of 447.95, a PEG ratio of 4.37 and a beta of 0.73.

About DCC

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.