DCC plc (LON:DCC) Receives Average Recommendation of “Hold” from Analysts

DCC plc (LON:DCC) has earned an average rating of “Hold” from the seven analysts that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 6,215.43.

Several research firms recently commented on DCC. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 6,500 price target on shares of DCC in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft increased their price target on DCC from GBX 6,000 to GBX 6,650 and gave the company a “hold” rating in a report on Tuesday, July 28th. Berenberg Bank downgraded DCC to a “hold” rating and set a GBX 6,700 price target for the company. in a research report on Wednesday, September 2nd. Finally, Peel Hunt reissued an “add” rating and issued a GBX 6,350 target price on shares of DCC in a research note on Monday, July 27th.

DCC Stock Up 0.1%

LON DCC opened at GBX 6,435 on Friday. The company has a debt-to-equity ratio of 100.63, a quick ratio of 0.89 and a current ratio of 1.20. The company has a market capitalization of £5.50 billion, a P/E ratio of 455.74, a P/E/G ratio of 4.37 and a beta of 0.73. DCC has a one year low of GBX 4,188 and a one year high of GBX 6,740. The stock has a 50 day moving average price of GBX 6,372.72 and a 200-day moving average price of GBX 5,921.74.

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.