DCC (LON:DCC – Get Rating)‘s stock had its “overweight” rating reissued by research analysts at JPMorgan Chase & Co. in a report released on Friday, MarketBeat Ratings reports. They presently have a GBX 7,500 ($90.62) price objective on the stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 51.88% from the stock’s previous close.
A number of other analysts have also recently weighed in on the stock. Barclays reaffirmed an “underweight” rating and set a GBX 5,550 ($67.06) price target on shares of DCC in a research report on Tuesday, July 19th. Royal Bank of Canada cut shares of DCC to a “sector perform” rating and reduced their price target for the stock from GBX 7,500 ($90.62) to GBX 5,800 ($70.08) in a research report on Monday, May 30th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 7,250 ($87.60) price target on shares of DCC in a research report on Tuesday, May 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, DCC currently has a consensus rating of “Hold” and an average price target of GBX 6,852 ($82.79).
DCC Trading Up 3.1 %
Shares of DCC stock opened at GBX 4,938 ($59.67) on Friday. The business has a 50 day moving average price of GBX 5,156.10 and a 200 day moving average price of GBX 5,520.55. The company has a debt-to-equity ratio of 80.01, a current ratio of 1.37 and a quick ratio of 0.95. The company has a market capitalization of £4.87 billion and a P/E ratio of 1,562.66. DCC has a 1 year low of GBX 4,725 ($57.09) and a 1 year high of GBX 6,520 ($78.78).
DCC plc provides sales, marketing, and support services worldwide. The company's DCC LPG segment sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas. Its DCC Retail & Oil segment 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 inbound logistics, storage and filling, and outbound logistics services.
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