Dixons Carphone PLC (DC) PT Lowered to GBX 250 at Deutsche Bank AG
Dixons Carphone PLC (LON:DC) had its price target cut by Deutsche Bank AG from GBX 340 ($4.57) to GBX 250 ($3.36) in a research report sent to investors on Friday. They currently have a buy rating on the stock.
DC has been the topic of several other research reports. HSBC Holdings plc restated a buy rating and issued a GBX 410 ($5.51) target price on shares of Dixons Carphone PLC in a report on Thursday, June 29th. Barclays PLC lifted their price target on shares of Dixons Carphone PLC from GBX 370 ($4.98) to GBX 400 ($5.38) and gave the stock an overweight rating in a research note on Thursday, June 29th. Liberum Capital reiterated a buy rating and set a GBX 430 ($5.78) price target on shares of Dixons Carphone PLC in a report on Tuesday, June 6th. Royal Bank Of Canada downgraded shares of Dixons Carphone PLC to an outperform rating and cut their price target for the company from GBX 225 ($3.03) to GBX 215 ($2.89) in a report on Thursday, September 7th. Finally, Beaufort Securities reissued a buy rating on shares of Dixons Carphone PLC in a research report on Thursday, June 29th. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of GBX 300.07 ($4.04).
Shares of Dixons Carphone PLC (LON DC) opened at 193.40 on Friday. The company’s 50-day moving average price is GBX 213.82 and its 200 day moving average price is GBX 283.02. Dixons Carphone PLC has a one year low of GBX 155.40 and a one year high of GBX 378.70. The stock’s market capitalization is GBX 2.23 billion.
COPYRIGHT VIOLATION WARNING: This report was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/10/02/dixons-carphone-plc-dc-pt-lowered-to-gbx-250-at-deutsche-bank-ag.html.
In other Dixons Carphone PLC news, insider Lord Livingston acquired 19,087 shares of the stock in a transaction that occurred on Friday, July 14th. The stock was bought at an average cost of GBX 260 ($3.50) per share, with a total value of £49,626.20 ($66,737.76). Also, insider Andrew Harrison sold 1,000,000 shares of the company’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of GBX 278 ($3.74), for a total transaction of £2,780,000 ($3,738,569.12). In the last three months, insiders purchased 106,716 shares of company stock worth $20,405,098.
Dixons Carphone PLC Company Profile
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.
Receive News & Stock Ratings for Dixons Carphone PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dixons Carphone PLC and related stocks with our FREE daily email newsletter.