DCC (LON:DCC) Stock Rating Reaffirmed by Morgan Stanley

DCC (LON:DCCGet Rating)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday, Digital Look reports.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 7,250 ($89.38) price objective on shares of DCC in a research note on Thursday, May 5th. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. Based on data from MarketBeat.com, DCC presently has a consensus rating of “Buy” and an average target price of GBX 7,205.29 ($88.83).

Shares of DCC stock opened at GBX 6,056 ($74.66) on Wednesday. DCC has a 52-week low of GBX 5,050 ($62.26) and a 52-week high of GBX 6,520 ($80.38). The company has a debt-to-equity ratio of 75.26, a quick ratio of 1.03 and a current ratio of 1.40. The business’s 50 day simple moving average is GBX 5,867.76 and its 200 day simple moving average is GBX 5,986.41. The firm has a market cap of £5.97 billion and a PE ratio of 19.98.

DCC Company Profile (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. This segment serves approximately 0.9 million customers. 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.

Further Reading

Analyst Recommendations for DCC (LON:DCC)

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