BNP Paribas Reiterates “Neutral” Rating for Dcc Plc (DCC)
Dcc Plc (LON:DCC)‘s stock had its “neutral” rating reissued by stock analysts at BNP Paribas in a report issued on Monday. They presently have a GBX 6,400 ($79.21) price objective on the stock. BNP Paribas’ price target points to a potential downside of 10.61% from the stock’s current price.
Several other brokerages have also commented on DCC. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 6,744 ($83.47) price objective on shares of Dcc Plc in a report on Monday, July 18th. Goodbody reaffirmed a “hold” rating on shares of Dcc Plc in a report on Friday, September 16th. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and issued a GBX 7,000 ($86.63) price objective on shares of Dcc Plc in a report on Thursday, September 8th. Berenberg Bank lifted their price objective on Dcc Plc from GBX 7,250 ($89.73) to GBX 7,600 ($94.06) and gave the stock a “buy” rating in a report on Thursday, July 28th. Finally, Barclays PLC raised Dcc Plc to an “overweight” rating and lifted their price objective for the stock from GBX 5,296 ($65.54) to GBX 7,800 ($96.53) in a report on Wednesday, August 17th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 6,918.55 ($85.63).
Shares of Dcc Plc (LON:DCC) traded up 0.07% during mid-day trading on Monday, reaching GBX 7170.00. The company had a trading volume of 120,411 shares. Dcc Plc has a one year low of GBX 4,654.00 and a one year high of GBX 8,029.92. The firm has a 50 day moving average of GBX 6,961.81 and a 200-day moving average of GBX 6,571.13. The stock’s market capitalization is GBX 6.35 billion.
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