DCC’s (DCC) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of DCC (LON:DCC) in a research note issued to investors on Thursday, MarketBeat.com reports. Berenberg Bank currently has a GBX 6,300 price objective on the stock.

Several other research firms have also recently weighed in on DCC. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 5,400 price objective on shares of DCC in a research report on Tuesday, January 27th. Peel Hunt reiterated a “buy” rating and set a GBX 5,635 price target on shares of DCC in a report on Tuesday, November 11th. Panmure Gordon restated a “hold” rating and issued a GBX 4,708 price objective on shares of DCC in a research note on Monday, January 19th. Finally, UBS Group reiterated a “buy” rating and set a GBX 6,500 target price on shares of DCC in a research note on Friday, January 23rd. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, DCC currently has an average rating of “Moderate Buy” and a consensus price target of GBX 5,673.83.

DCC Stock Down 1.9%

DCC stock opened at GBX 4,914 on Thursday. The firm has a market cap of £4.20 billion, a price-to-earnings ratio of -64.86, 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. DCC has a fifty-two week low of GBX 4,188 and a fifty-two week high of GBX 5,525. The firm has a fifty day moving average price of GBX 4,728.61 and a two-hundred day moving average price of GBX 4,781.11.

About DCC

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. DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100.