Dixons Carphone PLC (DC) Stock Rating Reaffirmed by BNP Paribas
Dixons Carphone PLC (LON:DC)‘s stock had its “underperform” rating restated by research analysts at BNP Paribas in a research report issued to clients and investors on Monday. They presently have a GBX 150 ($1.98) price target on the stock. BNP Paribas’ price target indicates a potential downside of 13.49% from the company’s current price.
Several other research analysts also recently commented on the company. Citigroup Inc. reaffirmed a “buy” rating and issued a GBX 230 ($3.04) price objective on shares of Dixons Carphone PLC in a research note on Monday, October 9th. Deutsche Bank AG decreased their price objective on Dixons Carphone PLC from GBX 340 ($4.49) to GBX 250 ($3.30) and set a “buy” rating on the stock in a research note on Friday, September 29th. Royal Bank Of Canada downgraded Dixons Carphone PLC to an “outperform” rating and decreased their price objective for the stock from GBX 225 ($2.97) to GBX 215 ($2.84) in a research note on Thursday, September 7th. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 185 ($2.44) price objective on shares of Dixons Carphone PLC in a research note on Wednesday, September 6th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 280 ($3.69) price objective on shares of Dixons Carphone PLC in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of GBX 269.40 ($3.56).
Shares of Dixons Carphone PLC (DC) opened at 173.40 on Monday. Dixons Carphone PLC has a 12 month low of GBX 155.40 and a 12 month high of GBX 373.28. The company’s market capitalization is GBX 2.00 billion. The stock’s 50 day moving average price is GBX 182.68 and its 200 day moving average price is GBX 256.90.
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In other news, insider Tony DeNunzio purchased 50,000 shares of the business’s stock in a transaction on Friday, August 25th. The stock was acquired at an average price of GBX 178 ($2.35) per share, for a total transaction of £89,000 ($117,445.24). Also, insider Fiona McBain purchased 19,129 shares of the business’s stock in a transaction on Thursday, August 24th. The shares were purchased at an average price of GBX 182 ($2.40) per share, with a total value of £34,814.78 ($45,941.91). Insiders have purchased a total of 98,629 shares of company stock worth $17,400,478 in the last three months.
Dixons Carphone PLC Company Profile
Dixons Carphone plc (Dixons Carphone) is an electrical and telecommunications retailer and services company. The Company operates through four segments: UK & Ireland, Nordics, Southern Europe and Connected World Services (CWS). Dixons Carphone offers a range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and KNOWHOW.
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