Dixons Carphone PLC (DC) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Dixons Carphone PLC (LON:DC) have been assigned a consensus recommendation of “Buy” from the seventeen ratings firms that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 402.40 ($5.31).
A number of brokerages have issued reports on DC. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 350 ($4.62) target price on shares of Dixons Carphone PLC in a report on Thursday, May 25th. Canaccord Genuity dropped their target price on shares of Dixons Carphone PLC from GBX 440 ($5.80) to GBX 395 ($5.21) and set a “buy” rating for the company in a report on Thursday, May 25th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 420 ($5.54) target price on shares of Dixons Carphone PLC in a report on Friday, April 28th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 430 ($5.67) target price on shares of Dixons Carphone PLC in a report on Wednesday, May 24th. Finally, Investec reaffirmed a “buy” rating and issued a GBX 405 ($5.34) target price on shares of Dixons Carphone PLC in a report on Wednesday, May 24th.
Shares of Dixons Carphone PLC (LON:DC) opened at 269.00 on Tuesday. The firm’s market capitalization is GBX 3.10 billion. The company has a 50-day moving average price of GBX 284.32 and a 200 day moving average price of GBX 309.15. Dixons Carphone PLC has a 12-month low of GBX 258.40 and a 12-month high of GBX 391.20.
The firm also recently declared a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be given a GBX 7.75 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, August 24th. This represents a dividend yield of 2.64%.
In related news, insider Andrew Harrison sold 61,219 shares of the firm’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of GBX 288 ($3.80), for a total transaction of £176,310.72 ($232,569.21). Also, insider Lord Livingston bought 19,087 shares of the firm’s stock in a transaction that occurred on Friday, July 14th. The shares were purchased at an average price of GBX 260 ($3.43) per share, for a total transaction of £49,626.20 ($65,461.28).
Dixons Carphone PLC Company Profile
Dixons Carphone plc (Dixons Carphone) is an electrical and telecommunications retailer and services company. The Company operates through four segments: UK & Ireland, Nordics, Southern Europe and Connected World Services (CWS). Dixons Carphone offers a range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and KNOWHOW.
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