DCC’s (DCC) “Buy” Rating Reaffirmed at Canaccord Genuity

DCC (LON:DCC)‘s stock had its “buy” rating reiterated by Canaccord Genuity in a research report issued to clients and investors on Wednesday. They presently have a GBX 8,471 ($118.77) target price on the stock. Canaccord Genuity’s price target points to a potential upside of 19.73% from the stock’s current price.

Several other equities analysts also recently issued reports on the stock. Peel Hunt reissued an “add” rating and set a GBX 8,149 ($114.26) price target on shares of DCC in a report on Wednesday. Berenberg Bank boosted their target price on shares of DCC from GBX 8,500 ($119.18) to GBX 8,700 ($121.99) and gave the stock a “buy” rating in a research note on Monday, November 20th. reaffirmed a “buy” rating and issued a GBX 8,500 ($119.18) target price on shares of DCC in a research note on Tuesday, November 7th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 8,000 ($112.17) target price on shares of DCC in a research note on Tuesday, November 7th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 8,160 ($114.41) target price on shares of DCC in a research note on Wednesday, November 15th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 8,178 ($114.67).

Shares of DCC (DCC) traded up GBX 75 ($1.05) during mid-day trading on Wednesday, reaching GBX 7,075 ($99.20). 417,791 shares of the company traded hands, compared to its average volume of 166,729. DCC has a 12-month low of GBX 6,640 ($93.10) and a 12-month high of GBX 7,762.50 ($108.84).

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About DCC

DCC plc provides sales, marketing, and business support services worldwide. The company’s 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.

Analyst Recommendations for DCC (LON:DCC)

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