DCC plc (LON:DCC) Receives GBX 6,215.43 Consensus Target Price from Brokerages

DCC plc (LON:DCC) has received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 6,215.43.

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of DCC from GBX 6,000 to GBX 6,650 and gave the stock a “hold” rating in a research note on Tuesday, July 28th. Jefferies Financial Group restated a “buy” rating and set a GBX 6,100 price target on shares of DCC in a research note on Wednesday, May 20th. Peel Hunt reaffirmed an “add” rating and issued a GBX 6,350 price objective on shares of DCC in a report on Monday, July 27th. Berenberg Bank lifted their price objective on shares of DCC from GBX 6,300 to GBX 6,700 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 6,500 target price on shares of DCC in a report on Thursday, June 11th.

DCC Stock Performance

Shares of DCC stock opened at GBX 6,370 on Friday. DCC has a 52-week low of GBX 4,188 and a 52-week high of GBX 6,740. The stock’s 50-day simple moving average is GBX 6,244.14 and its 200 day simple moving average is GBX 5,563.11. The stock has a market capitalization of £5.44 billion, a P/E ratio of 451.13, a P/E/G ratio of 4.37 and a beta of 0.73. The company has a debt-to-equity ratio of 100.63, a quick ratio of 0.89 and a current ratio of 1.20.

About DCC

DCC Energy is a leader in multi-energy sales and distribution in Europe and the US. The Group serves millions of customers across the commercial & industrial, public and domestic sectors. DCC Energy delivers mainly off-grid energy solutions, led by liquid gas, and operates services stations and fleet services. The Group supplies the secure, cleaner and competitive energy that customers need, supporting industrial processes, heating homes, and keeping transport moving. DCC Energy does this while supporting customers through the transition with the energy and services they need next.