DCC (LON:DCC – Get Free Report) had its price objective upped by analysts at Deutsche Bank Aktiengesellschaft from GBX 5,500 to GBX 6,000 in a report released on Wednesday,London Stock Exchange reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential downside of 1.72% from the stock’s current price.
A number of other analysts have also commented on DCC. Jefferies Financial Group reissued a “buy” rating and issued a GBX 6,100 price objective on shares of DCC in a research report on Wednesday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 6,300 target price on shares of DCC in a research report on Thursday, February 5th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 6,500 price target on shares of DCC in a research note on Wednesday. Finally, UBS Group reissued a “buy” rating and set a GBX 6,500 price target on shares of DCC in a research report on Friday, January 23rd. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, DCC has a consensus rating of “Moderate Buy” and an average price target of GBX 5,963.29.
Get Our Latest Stock Analysis on DCC
DCC Trading Down 0.2%
DCC News Roundup
Here are the key news stories impacting DCC this week:
- Positive Sentiment: DCC reported higher annual profit, with energy markets and the energy-focused business driving performance, supporting the company’s plan to refocus on energy. DCC Increases Profit as Energy Business Takes Centre Stage Ahead of Rebrand (DCC)
- Positive Sentiment: Management struck a broadly positive tone on the Q4 earnings call, highlighting energy-focused growth and operational progress. DCC plc Earnings Call Highlights Energy-Focused Growth
- Positive Sentiment: Bloomberg reported that KKR and ECP may be considering a higher takeover bid for DCC after an earlier rejection, which could support the share price if an improved offer emerges. Digital Look
- Neutral Sentiment: Royal Bank of Canada reaffirmed its “sector perform” rating and set a GBX 6,500 price target, signaling a balanced view rather than a strong bullish shift. Digital Look
- Negative Sentiment: Despite profit growth, revenue declined as DCC continues reshaping its portfolio, which may temper enthusiasm about the near-term top line. DCC revenue falls as it refocuses on energy business
About DCC
DCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100.
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