Dcc Plc (DCC) Given Average Recommendation of “Buy” by Brokerages
Dcc Plc (LON:DCC) has been given an average rating of “Buy” by the ten ratings firms that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 8,004.63 ($103.92).
Several brokerages have recently issued reports on DCC. Jefferies Group LLC boosted their price target on shares of Dcc Plc from GBX 7,500 ($97.36) to GBX 8,500 ($110.35) and gave the company a “buy” rating in a report on Tuesday, May 9th. Canaccord Genuity reissued a “buy” rating and issued a GBX 8,000 ($103.86) price target on shares of Dcc Plc in a report on Tuesday, May 30th. Berenberg Bank reissued a “buy” rating and issued a GBX 8,500 ($110.35) price target on shares of Dcc Plc in a report on Friday, April 21st. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 8,160 ($105.93) price target on shares of Dcc Plc in a report on Wednesday, May 17th. Finally, Peel Hunt reissued an “add” rating and issued a GBX 7,247 ($94.08) price target on shares of Dcc Plc in a report on Tuesday, May 16th.
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In related news, insider Emma FitzGerald bought 76 shares of Dcc Plc stock in a transaction that occurred on Friday, July 28th. The stock was purchased at an average cost of GBX 6,719 ($87.23) per share, with a total value of £5,106.44 ($6,629.16).
Shares of Dcc Plc (LON DCC) opened at 6855.00 on Friday. The firm’s market cap is GBX 6.09 billion. The stock has a 50 day moving average price of GBX 6,914.46 and a 200 day moving average price of GBX 7,049.50. Dcc Plc has a 12 month low of GBX 5,780.00 and a 12 month high of GBX 7,595.00.
About Dcc Plc
DCC plc provides sales, marketing, and business support services worldwide. The companys DCC Energy segment offers oil and liquefied petroleum gas products to commercial, retail, agricultural, industrial, marine, and other customers, as well as fuel cards. This segment serves approximately 1.4 million customers in approximately 9 countries.
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