Berenberg Bank Reaffirms “Buy” Rating for DCC (LON:DCC)

DCC (LON:DCC)‘s stock had its “buy” rating reissued by research analysts at Berenberg Bank in a report released on Thursday, MarketBeat Ratings reports. They currently have a GBX 6,300 price target on the stock. Berenberg Bank’s price target suggests a potential upside of 28.21% from the company’s current price.

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

DCC Stock Down 1.9%

Shares of DCC stock opened at GBX 4,914 on Thursday. The firm has a market cap of £4.20 billion, a PE ratio of -64.86, a P/E/G ratio of 4.37 and a beta of 0.74. The business’s 50 day simple moving average is GBX 4,727.01 and its 200 day simple moving average is GBX 4,781.70. The company has a debt-to-equity ratio of 77.99, a quick ratio of 0.89 and a current ratio of 1.31. DCC has a 52-week low of GBX 4,188 and a 52-week 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.