Goodbody Reiterates Hold Rating for Dcc Plc (DCC)
Dcc Plc (LON:DCC)‘s stock had its “hold” rating reaffirmed by equities researchers at Goodbody in a research note issued on Monday.
A number of other equities research analysts have also commented on the company. Peel Hunt raised their price objective on Dcc Plc from GBX 6,111 ($76.35) to GBX 6,936 ($86.66) and gave the stock a “hold” rating in a research report on Monday. BNP Paribas restated a “neutral” rating and set a GBX 6,400 ($79.96) price objective on shares of Dcc Plc in a research report on Monday, November 7th. Jefferies Group restated a “buy” rating and set a GBX 7,300 ($91.20) price objective on shares of Dcc Plc in a research report on Tuesday, November 1st. Canaccord Genuity began coverage on Dcc Plc in a research report on Thursday, October 27th. They set a “buy” rating and a GBX 7,800 ($97.45) price objective for the company. Finally, Berenberg Bank raised their price objective on Dcc Plc from GBX 7,600 ($94.95) to GBX 7,900 ($98.70) and gave the stock a “buy” rating in a research report on Monday, October 24th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of GBX 7,246.58 ($90.54).
Dcc Plc (LON:DCC) opened at 6065.00 on Monday. The firm has a 50-day moving average price of GBX 6,705.27 and a 200-day moving average price of GBX 6,637.20. The stock’s market cap is GBX 5.37 billion. Dcc Plc has a 12-month low of GBX 4,654.00 and a 12-month high of GBX 8,029.92.
The company also recently declared a dividend, which will be paid on Monday, December 12th. Stockholders of record on Thursday, November 24th will be paid a dividend of GBX 37.17 ($0.46) per share. This represents a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, November 24th.
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