DCC plc (LON:DCC) Given Average Rating of “Moderate Buy” by Brokerages

DCC plc (LON:DCC) has earned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to 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 analysts have recently commented on the company. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,100 price target on shares of DCC in a report on Wednesday, May 20th. Peel Hunt reaffirmed an “add” rating and set a GBX 6,350 price objective on shares of DCC in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft increased their price objective on DCC from GBX 6,000 to GBX 6,650 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 6,500 target price on shares of DCC in a report on Thursday, June 11th. Finally, Berenberg Bank boosted their target price on shares of DCC from GBX 6,300 to GBX 6,700 and gave the stock a “buy” rating in a research report on Wednesday, June 10th.

DCC Price Performance

Shares of DCC opened at GBX 6,370 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 stock’s 50 day moving average is GBX 6,304.82 and its two-hundred day moving average is GBX 5,698.19. DCC has a twelve month low of GBX 4,188 and a twelve month high of GBX 6,740. The firm has a market capitalization of £5.44 billion, a PE ratio of 451.13, a P/E/G ratio of 4.37 and a beta of 0.73.

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.