DCC (OTCMKTS:DCCPF) Rating Lowered to Sell at Zacks Investment Research

DCC (OTCMKTS:DCCPFGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Monday, Zacks.com reports.

According to Zacks, “DCC Public Limited Company provides sales, marketing, distribution and business support services. It serves energy, IT and entertainment products, healthcare, environmental services, food and beverage sectors. DCC Public Limited Company is headquartered in Dublin, Ireland. “

DCCPF has been the subject of a number of other research reports. JPMorgan Chase & Co. increased their price objective on DCC from GBX 7,000 ($88.08) to GBX 7,500 ($94.38) in a report on Wednesday, May 18th. Morgan Stanley decreased their price objective on DCC from GBX 8,160 ($102.68) to GBX 7,855 ($98.84) in a report on Friday. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $5,150.33.

Shares of DCC stock remained flat at $$74.93 during midday trading on Monday. The company had a trading volume of 5 shares, compared to its average volume of 1,514. The company’s 50 day moving average is $78.16 and its 200 day moving average is $80.06. DCC has a one year low of $74.93 and a one year high of $87.61.

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. 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

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