DCC (LON:DCC) Price Target Raised to GBX 6,650

DCC (LON:DCC) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 6,000 to GBX 6,650 in a research report sent to investors on Tuesday morning,Digital Look reports. The brokerage currently has a hold rating on the stock.

A number of other brokerages also recently commented on DCC. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 6,500 price objective on shares of DCC in a research note on Thursday, June 11th. Berenberg Bank raised their target price on DCC from GBX 6,300 to GBX 6,700 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Peel Hunt reiterated an “add” rating and issued a GBX 6,350 target price on shares of DCC in a research note on Monday. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 6,100 price target on shares of DCC in a report on Wednesday, May 20th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 6,215.43.

DCC Stock Down 0.3%

Shares of DCC stock opened at GBX 6,330 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 0.89 and a debt-to-equity ratio of 100.63. The business’s 50 day simple moving average is GBX 6,176.94 and its 200-day simple moving average is GBX 5,428.52. The stock has a market capitalization of £5.41 billion, a price-to-earnings ratio of 448.30, a PEG ratio of 4.37 and a beta of 0.73. DCC has a twelve month low of GBX 4,188 and a twelve month high of GBX 6,740.

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.