Dixons Carphone PLC (LON:DC)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank AG in a research note issued to investors on Friday. They currently have a GBX 340 ($4.39) target price on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 101.90% from the stock’s previous close.

Several other equities research analysts have also commented on DC. HSBC Holdings plc dropped their price objective on shares of Dixons Carphone PLC from GBX 450 ($5.81) to GBX 430 ($5.55) and set a “buy” rating on the stock in a research note on Wednesday, May 17th. Liberum Capital reissued a “buy” rating and set a GBX 430 ($5.55) price objective on shares of Dixons Carphone PLC in a research note on Wednesday, May 17th. Investec reissued a “buy” rating and set a GBX 405 ($5.23) price objective on shares of Dixons Carphone PLC in a research note on Wednesday, June 28th. Canaccord Genuity reissued a “buy” rating and set a GBX 395 ($5.10) price objective on shares of Dixons Carphone PLC in a research note on Wednesday, June 28th. Finally, Beaufort Securities reissued a “buy” rating on shares of Dixons Carphone PLC in a research note on Thursday, June 29th. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of GBX 317.63 ($4.10).

Dixons Carphone PLC (LON DC) traded down 0.94% during midday trading on Friday, hitting GBX 168.40. 5,025,996 shares of the company were exchanged. The firm’s market capitalization is GBX 1.94 billion. Dixons Carphone PLC has a 1-year low of GBX 155.40 and a 1-year high of GBX 389.20. The stock has a 50 day moving average of GBX 232.09 and a 200 day moving average of GBX 289.63.

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In related news, insider Katie Bickerstaffe acquired 10,000 shares of the firm’s stock in a transaction dated Wednesday, September 6th. The stock was purchased at an average cost of GBX 165 ($2.13) per share, with a total value of £16,500 ($21,309.57). Also, insider Andrew Harrison sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of GBX 278 ($3.59), for a total transaction of £2,780,000 ($3,590,339.66). Insiders have bought 98,216 shares of company stock valued at $18,994,098 over the last three months.

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.

Analyst Recommendations for Dixons Carphone PLC (LON:DC)

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