Deutsche Bank Aktiengesellschaft Reaffirms Buy Rating for DCC (LON:DCC)

DCC (LON:DCC)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 7,000 ($87.94) target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 22.48% from the company’s current price.

DCC Stock Up 4.0 %

Shares of LON DCC traded up GBX 220 ($2.76) on Tuesday, reaching GBX 5,715 ($71.80). 10,540,944 shares of the company’s stock traded hands, compared to its average volume of 199,309. The company has a quick ratio of 0.89, a current ratio of 1.20 and a debt-to-equity ratio of 78.22. The company has a market cap of £5.65 billion, a price-to-earnings ratio of 1,712.57, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. The business’s 50 day simple moving average is GBX 5,602.94 and its two-hundred day simple moving average is GBX 5,487.56. DCC has a 12 month low of GBX 4,145 ($52.07) and a 12 month high of GBX 5,855 ($73.56).

About DCC

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.