Royal Bank of Canada upgraded shares of DCC (LON:DCC – Free Report) to an outperform rating in a report issued on Thursday, Marketbeat reports. The firm currently has GBX 5,800 ($74.06) target price on the stock, up from their previous target price of GBX 5,700 ($72.78).
Several other research analysts also recently weighed in on the company. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 6,700 ($85.55) target price on shares of DCC in a research note on Thursday, June 6th. Deutsche Bank Aktiengesellschaft restated a buy rating and set a GBX 7,000 ($89.38) price objective on shares of DCC in a research report on Tuesday, May 7th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of Buy and an average price target of GBX 6,252.40 ($79.83).
Check Out Our Latest Research Report on DCC
DCC Stock Performance
Insider Buying and Selling at DCC
In other news, insider Kevin Lucey sold 2,040 shares of the firm’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of GBX 5,610 ($71.63), for a total value of £114,444 ($146,123.60). 0.23% of the stock is owned by corporate insiders.
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.
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