DCC (LON:DCC) Receives Buy Rating from Berenberg Bank

DCC (LON:DCC)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued to clients and investors on Thursday, Marketbeat reports. They presently have a GBX 6,300 price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 24.88% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 5,400 target price on shares of DCC in a report on Tuesday, January 27th. Panmure Gordon restated a “hold” rating and set a GBX 4,708 price objective on shares of DCC in a report on Monday, January 19th. UBS Group reiterated a “buy” rating and set a GBX 6,500 price objective on shares of DCC in a report on Friday, January 23rd. Finally, Peel Hunt reissued a “buy” rating and set a GBX 5,635 target price on shares of DCC in a research report on Tuesday, November 11th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 5,673.83.

DCC Stock Up 8.7%

DCC stock traded up GBX 405 during trading on Thursday, reaching GBX 5,045. 983,180 shares of the stock were exchanged, compared to its average volume of 2,272,415. The firm’s 50 day moving average is GBX 4,726.59 and its 200 day moving average is GBX 4,779.26. The firm has a market cap of £4.31 billion, a P/E ratio of -66.59, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. The company has a current ratio of 1.31, a quick ratio of 0.89 and a debt-to-equity ratio of 77.99. DCC has a twelve month low of GBX 4,188 and a twelve month high of GBX 5,525.

DCC Company Profile

DCC plc is a leading international sales, marketing and support services group operating in 22 countries, supplying products and services used by millions of people every day. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology, employing over 16,000 people. DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100.