Dixons Carphone PLC (DC) Receives Buy Rating from Investec

Investec restated their buy rating on shares of Dixons Carphone PLC (LON:DC) in a research report released on Friday, May 12th. They currently have a GBX 405 ($5.12) price target on the stock.

DC has been the subject of several other reports. Liberum Capital decreased their target price on shares of Dixons Carphone PLC from GBX 470 ($5.95) to GBX 430 ($5.44) and set a buy rating for the company in a research note on Wednesday, April 19th. HSBC Holdings plc reaffirmed a buy rating and issued a GBX 450 ($5.69) price target on shares of Dixons Carphone PLC in a report on Monday, January 23rd. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 420 ($5.31) price target on shares of Dixons Carphone PLC in a report on Wednesday, January 25th. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 420 ($5.31) price target on shares of Dixons Carphone PLC in a report on Friday, April 28th. Finally, BNP Paribas cut their price target on shares of Dixons Carphone PLC from GBX 385 ($4.87) to GBX 355 ($4.49) and set an outperform rating on the stock in a report on Monday, April 3rd. Three investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. Dixons Carphone PLC currently has an average rating of Buy and an average target price of GBX 405.73 ($5.13).

Shares of Dixons Carphone PLC (LON DC) traded up 1.02% during trading on Friday, hitting GBX 306.50. The stock had a trading volume of 5,397,023 shares. The stock’s market cap is GBX 3.53 billion. The stock’s 50 day moving average price is GBX 324.73 and its 200-day moving average price is GBX 324.46. Dixons Carphone PLC has a one year low of GBX 242.00 and a one year high of GBX 434.40.

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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.

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