Dixons Carphone PLC (DC) Receives “Overweight” Rating from Barclays PLC
A number of other research firms have also recently weighed in on DC. Numis Securities Ltd reiterated a hold rating and set a GBX 350 ($4.53) price target on shares of Dixons Carphone PLC in a report on Thursday, May 25th. Canaccord Genuity lowered their price target on Dixons Carphone PLC from GBX 440 ($5.69) to GBX 395 ($5.11) and set a buy rating for the company in a report on Thursday, May 25th. Deutsche Bank AG reiterated a buy rating and set a GBX 420 ($5.43) price target on shares of Dixons Carphone PLC in a report on Friday, April 28th. Liberum Capital reiterated a buy rating and set a GBX 430 ($5.56) price target on shares of Dixons Carphone PLC in a report on Wednesday, May 24th. Finally, Investec reiterated a buy rating and set a GBX 405 ($5.24) price target on shares of Dixons Carphone PLC in a report on Wednesday, May 24th. Five equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 349.50 ($4.52).
Shares of Dixons Carphone PLC (DC) opened at 182.50 on Friday. The company’s market capitalization is GBX 2.10 billion. The stock has a 50 day moving average of GBX 257.50 and a 200-day moving average of GBX 298.86. Dixons Carphone PLC has a one year low of GBX 155.40 and a one year high of GBX 391.20.
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The company also recently announced a dividend, which will be paid on Friday, September 22nd. Investors of record on Thursday, August 24th will be paid a dividend of GBX 7.75 ($0.10) per share. This represents a yield of 2.64%. The ex-dividend date is Thursday, August 24th.
In related news, insider Andrew Harrison sold 61,219 shares of the stock in a transaction dated Friday, July 7th. The stock was sold at an average price of GBX 288 ($3.72), for a total transaction of £176,310.72 ($228,027.32). Also, insider Lord Livingston bought 19,087 shares of the firm’s stock in a transaction that occurred on Friday, July 14th. The shares were purchased at an average cost of GBX 260 ($3.36) per share, for a total transaction of £49,626.20 ($64,182.88).
About Dixons Carphone PLC
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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