DCC (OTCMKTS:DCCPF) Cut to “Equal Weight” at Morgan Stanley
Morgan Stanley downgraded shares of DCC (OTCMKTS:DCCPF) from an overweight rating to an equal weight rating in a research report sent to investors on Monday morning, The Fly reports.
Separately, Zacks Investment Research upgraded shares of DCC from a sell rating to a hold rating in a research note on Tuesday, January 14th.
OTCMKTS DCCPF opened at $58.09 on Monday. DCC has a 1 year low of $49.00 and a 1 year high of $90.75. The firm has a market cap of $4.47 billion, a price-to-earnings ratio of 12.39 and a beta of 0.89. The company has a fifty day moving average price of $72.17 and a 200-day moving average price of $84.39.
DCC plc provides sales, marketing, and support services worldwide. The company's DCC LPG segment sells and markets liquefied petroleum gas (LPG). This segment serves approximately 0.7 million customers. Its DCC Retail & Oil segment engages in the procurement, sale, marketing, and distribution of LPG; operation of retail petrol stations; and reselling of fuel cards.
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