Dcc Plc’s (DCC) Buy Rating Reiterated at Canaccord Genuity
Dcc Plc (LON:DCC)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity in a note issued to investors on Monday. They currently have a GBX 7,800 ($96.62) price target on the stock. Canaccord Genuity’s target price would suggest a potential upside of 23.13% from the company’s current price.
Several other research analysts have also recently issued reports on the stock. BNP Paribas reiterated a “neutral” rating and issued a GBX 6,400 ($79.28) price objective on shares of Dcc Plc in a report on Monday, November 7th. Barclays PLC raised shares of Dcc Plc to an “overweight” rating and increased their target price for the company from GBX 5,296 ($65.60) to GBX 7,800 ($96.62) in a research note on Wednesday, August 17th. Berenberg Bank increased their target price on shares of Dcc Plc from GBX 7,250 ($89.81) to GBX 7,600 ($94.14) and gave the company a “buy” rating in a research note on Thursday, July 28th. Stifel Nicolaus initiated coverage on shares of Dcc Plc in a research note on Wednesday, October 19th. They set a “buy” rating and a GBX 8,530 ($105.66) target price for the company. Finally, Goldman Sachs Group Inc. reissued a “neutral” rating and set a GBX 7,000 ($86.71) target price on shares of Dcc Plc in a research note on Thursday, September 8th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 7,246.58 ($89.76).
Dcc Plc (LON:DCC) opened at 6315.00 on Monday. Dcc Plc has a 12-month low of GBX 4,654.00 and a 12-month high of GBX 8,029.92. The company’s 50 day moving average price is GBX 6,750.00 and its 200-day moving average price is GBX 6,628.86. The stock’s market cap is GBX 5.59 billion.
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