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

DCC (LON:DCC)‘s stock had its “buy” rating reissued by Berenberg Bank in a report issued on Tuesday, MarketBeat reports. They presently have a GBX 6,700 target price on the stock. Berenberg Bank’s price objective points to a potential upside of 38.43% from the stock’s previous close.

Several other equities research analysts also recently weighed in on DCC. UBS Group reaffirmed a “buy” rating and set a GBX 7,500 price target on shares of DCC in a research report on Friday, November 7th. Peel Hunt restated a “buy” rating and issued a GBX 5,635 target price on shares of DCC in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 6,107.

DCC Stock Down 1.1%

DCC stock opened at GBX 4,840 on Tuesday. The company has a market capitalization of £4.69 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 4.37 and a beta of 0.74. DCC has a 12 month low of GBX 4,452 and a 12 month high of GBX 5,790. The firm’s fifty day simple moving average is GBX 4,827.67 and its 200-day simple moving average is GBX 4,769.26. The company has a debt-to-equity ratio of 77.99, a current ratio of 1.31 and a quick ratio of 0.89.

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.