DCC (OTCMKTS:DCCPF) Cut to “Hold” at Berenberg Bank

DCC (OTCMKTS:DCCPF) was downgraded by Berenberg Bank from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of DCC in a report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

DCC Price Performance

Shares of DCCPF stock opened at $85.87 on Wednesday. The company’s 50-day simple moving average is $83.15 and its two-hundred day simple moving average is $74.95. DCC has a one year low of $57.80 and a one year high of $85.87. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.97 and a current ratio of 1.20.

DCC Company Profile

DCC plc is an international sales, marketing and support services group headquartered in Dublin, Ireland. Trading on the London Stock Exchange since 1994 and quoted over-the-counter in the U.S. as DCCPF, the company operates through three core divisions—Energy, Healthcare and Technology—providing a broad portfolio of essential products and services to customers across Europe, North America and the Asia-Pacific region.

The Energy division distributes fuels and energy solutions including liquefied petroleum gas, heating oil, autogas, aviation fuels and renewable energy products.