DCC (LON:DCC) Stock Rating Reaffirmed by JPMorgan Chase & Co.

DCC (LON:DCCGet 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).

About DCC

(Get Rating)

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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Analyst Recommendations for DCC (LON:DCC)

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