DCC (OTCMKTS:DCCPF) Stock Rating Lowered by Berenberg Bank

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

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of DCC in a research note on Tuesday, July 28th. One investment 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.com, the stock currently has an average rating of “Hold”.

DCC Price Performance

Shares of OTCMKTS:DCCPF opened at $85.87 on Wednesday. DCC has a 12-month low of $57.80 and a 12-month high of $85.87. The business’s fifty day simple moving average is $83.15 and its 200-day simple moving average is $74.95. The company has a current ratio of 1.20, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83.

About DCC

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.