Dcc Plc Rating Reiterated by JPMorgan Chase & Co. (DCC)
Dcc Plc (LON:DCC)‘s stock had its “overweight” rating restated by JPMorgan Chase & Co. in a research note issued on Wednesday. They currently have a GBX 3,424 ($57.40) target price on the stock. JPMorgan Chase & Co.’s price target would suggest a potential downside of 4.17% from the stock’s previous close.
Shares of Dcc Plc (LON:DCC) traded down 0.36% during mid-day trading on Wednesday, hitting GBX 3559.9998. The stock had a trading volume of 119,560 shares. Dcc Plc has a 52-week low of GBX 2462.00 and a 52-week high of GBX 3599.0002. The stock has a 50-day moving average of GBX 3205. and a 200-day moving average of GBX 2887.67. The company’s market cap is £2.984 billion.
The company also recently declared a dividend, which is scheduled for Thursday, July 24th. Stockholders of record on Wednesday, May 28th will be given a dividend of GBX 50.73 ($0.85) per share. This represents a yield of 1.52%. The ex-dividend date of this dividend is Wednesday, May 28th.
A number of other analysts have also recently weighed in on DCC. Analysts at Investec downgraded shares of Dcc Plc to a “hold” rating in a research note on Thursday, May 15th. They now have a GBX 3,100 ($51.97) price target on the stock, up previously from GBX 2,700 ($45.26). Analysts at Davy Research reiterated an “outperform” rating on shares of Dcc Plc in a research note on Wednesday, May 14th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of GBX 3,318.50 ($55.63).
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