Dixons Carphone PLC (LON:DC) has been assigned a consensus rating of “Buy” from the seventeen ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 242.25 ($3.24).

Several brokerages have commented on DC. Deutsche Bank dropped their price target on Dixons Carphone from GBX 340 ($4.55) to GBX 250 ($3.35) and set a “buy” rating on the stock in a research report on Friday, September 29th. Liberum Capital reissued an “under review” rating on shares of Dixons Carphone in a report on Thursday, August 24th. Royal Bank Of Canada lowered Dixons Carphone to an “outperform” rating and decreased their price objective for the stock from GBX 225 ($3.01) to GBX 215 ($2.88) in a report on Thursday, September 7th. Investec reissued a “not rated” rating on shares of Dixons Carphone in a report on Thursday, August 24th. Finally, Goldman Sachs Group decreased their price objective on Dixons Carphone from GBX 305 ($4.08) to GBX 190 ($2.54) and set a “neutral” rating on the stock in a report on Wednesday, August 30th.

Dixons Carphone (DC) opened at GBX 157.82 ($2.11) on Monday. Dixons Carphone has a 1 year low of GBX 145.72 ($1.95) and a 1 year high of GBX 373.28 ($5.00).

In related news, insider Katie Bickerstaffe purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were acquired at an average price of GBX 165 ($2.21) per share, with a total value of £16,500 ($22,097.23). Also, insider Andrea Gisle Joosen purchased 8,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The stock was bought at an average cost of GBX 166 ($2.22) per share, for a total transaction of £14,110 ($18,896.48). In the last ninety days, insiders purchased 29,500 shares of company stock worth $5,019,000.

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Dixons Carphone 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 (LON:DC)

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