Dcc Plc (DCC) Rating Reiterated by JPMorgan Chase & Co.
Dcc Plc (LON:DCC)‘s stock had its “overweight” rating reaffirmed by JPMorgan Chase & Co. in a report issued on Tuesday. They presently have a GBX 7,843 ($97.99) price target on the stock. JPMorgan Chase & Co.’s target price would indicate a potential upside of 31.59% from the stock’s current price.
A number of other research firms have also issued reports on DCC. BNP Paribas reiterated a “neutral” rating and set a GBX 6,400 ($79.96) price objective on shares of Dcc Plc in a research note on Monday, October 10th. Barclays PLC upgraded shares of Dcc Plc to an “overweight” rating and lifted their price objective for the company from GBX 5,296 ($66.17) to GBX 7,800 ($97.45) in a research note on Wednesday, August 17th. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a GBX 7,000 ($87.46) price objective on shares of Dcc Plc in a research note on Thursday, September 8th. Goodbody reiterated a “hold” rating on shares of Dcc Plc in a research note on Friday, September 16th. Finally, Berenberg Bank lifted their price objective on shares of Dcc Plc from GBX 7,250 ($90.58) to GBX 7,600 ($94.95) and gave the company a “buy” rating in a research note on Thursday, July 28th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of GBX 7,246.58 ($90.54).
Shares of Dcc Plc (LON:DCC) opened at 6035.00 on Tuesday. The stock’s market cap is GBX 5.34 billion. The company has a 50-day moving average of GBX 6,681.89 and a 200 day moving average of GBX 6,636.50. Dcc Plc has a 52-week low of GBX 4,654.00 and a 52-week high of GBX 8,029.92.
The business also recently announced a dividend, which will be paid on Monday, December 12th. Shareholders of record on Thursday, November 24th will be paid a GBX 37.17 ($0.46) dividend. This represents a yield of 0.6%. The ex-dividend date is Thursday, November 24th.
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