Royal Bank Of Canada Reaffirms “Outperform” Rating for DCC (LON:DCC)

DCC (LON:DCC)‘s stock had its “outperform” rating reiterated by research analysts at Royal Bank Of Canada in a research note issued on Tuesday, Marketbeat reports. They currently have a GBX 5,400 price target on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 15.94% from the company’s previous close.

Other research analysts have also issued reports about the company. Panmure Gordon reiterated a “hold” rating and set a GBX 4,708 price objective on shares of DCC in a research note on Monday, January 19th. UBS Group reaffirmed a “buy” rating and issued a GBX 6,500 target price on shares of DCC in a report on Friday, January 23rd. Peel Hunt reissued a “buy” rating and set a GBX 5,635 price target on shares of DCC in a report on Tuesday, November 11th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 6,700 price target on shares of DCC in a research report on Tuesday, November 11th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,740.50.

DCC Trading Up 1.7%

Shares of DCC opened at GBX 4,657.58 on Tuesday. The company has a current ratio of 1.31, a quick ratio of 0.89 and a debt-to-equity ratio of 77.99. The stock has a market cap of £3.98 billion, a PE ratio of -61.48, a PEG ratio of 4.37 and a beta of 0.74. DCC has a 1 year low of GBX 4,188 and a 1 year high of GBX 5,625. The stock has a 50 day simple moving average of GBX 4,744.90 and a 200-day simple moving average of GBX 4,779.02.

About DCC

DCC plc is a leading international sales, marketing and support services group operating in 22 countries, supplying products and services used by millions of people every day. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology, employing over 16,000 people. DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100.