DCC (LON:DCC)‘s stock had its “add” rating restated by investment analysts at Peel Hunt in a research note issued on Tuesday, LSE.Co.UK reports. They presently have a GBX 7,108 ($92.88) target price on the stock. Peel Hunt’s price target indicates a potential upside of 2.78% from the stock’s previous close.
Several other research firms have also recently weighed in on DCC. UBS Group reissued a “buy” rating on shares of DCC in a research note on Friday. Berenberg Bank raised their target price on shares of DCC from GBX 8,350 ($109.11) to GBX 8,450 ($110.41) and gave the company a “buy” rating in a research note on Friday, October 4th. Royal Bank of Canada decreased their target price on shares of DCC from GBX 9,500 ($124.13) to GBX 9,000 ($117.60) and set an “outperform” rating for the company in a research note on Friday, July 19th. Jefferies Financial Group raised their target price on shares of DCC from GBX 8,120 ($106.10) to GBX 8,320 ($108.72) and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Morgan Stanley reissued an “overweight” rating on shares of DCC in a research note on Monday. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. DCC currently has an average rating of “Buy” and a consensus price target of GBX 8,107.33 ($105.94).
Shares of LON DCC traded down GBX 458 ($5.98) during midday trading on Tuesday, reaching GBX 6,916 ($90.37). The company’s stock had a trading volume of 505,061 shares, compared to its average volume of 258,121. The company has a current ratio of 1.42, a quick ratio of 1.12 and a debt-to-equity ratio of 73.31. DCC has a fifty-two week low of GBX 5,555 ($72.59) and a fifty-two week high of GBX 7,374 ($96.35). The stock has a market capitalization of $6.85 billion and a price-to-earnings ratio of 24.73. The stock has a 50 day simple moving average of GBX 7,071.80 and a 200-day simple moving average of GBX 6,911.45.
DCC plc provides sales, marketing, and support services worldwide. The company's DCC LPG segment sells and markets liquefied petroleum gas (LPG). This segment serves approximately 0.7 million customers. Its DCC Retail & Oil segment engages in the procurement, sale, marketing, and distribution of LPG; operation of retail petrol stations; and reselling of fuel cards.
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