Dixons Carphone (DC) Stock Rating Reaffirmed by Deutsche Bank

Dixons Carphone (LON:DC)‘s stock had its “buy” rating reissued by stock analysts at Deutsche Bank in a report issued on Tuesday. They presently have a GBX 250 ($3.34) price objective on the stock. Deutsche Bank’s price objective would suggest a potential upside of 23.09% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. BNP Paribas reiterated an “underperform” rating and issued a GBX 150 ($2.01) target price on shares of Dixons Carphone in a report on Monday, October 30th. Citigroup reiterated a “buy” rating and issued a GBX 230 ($3.08) target price on shares of Dixons Carphone in a report on Monday, October 9th. Numis Securities upgraded Dixons Carphone to an “add” rating and set a GBX 210 ($2.81) price objective for the company in a research note on Thursday, December 14th. Investec upgraded Dixons Carphone to a “buy” rating and set a GBX 185 ($2.47) price objective for the company in a research note on Thursday, November 9th. Finally, Canaccord Genuity restated a “hold” rating and set a GBX 180 ($2.41) price objective on shares of Dixons Carphone in a research note on Wednesday, December 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. Dixons Carphone currently has an average rating of “Buy” and a consensus price target of GBX 228.73 ($3.06).

Dixons Carphone (LON DC) opened at GBX 203.10 ($2.72) on Tuesday. The firm has a market capitalization of $2,350.00 and a P/E ratio of 967.14. Dixons Carphone has a 12-month low of GBX 145.72 ($1.95) and a 12-month high of GBX 359 ($4.80).

In related news, insider Jock Fyfe Lennox bought 11,000 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were purchased at an average cost of GBX 178 ($2.38) per share, with a total value of £19,580 ($26,179.97).

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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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