Analysts Set Dixons Carphone PLC (DC) PT at $196.67

Dixons Carphone PLC (LON:DC) has received an average rating of “Hold” from the thirteen ratings firms that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is GBX 196.67 ($2.57).

A number of brokerages recently weighed in on DC. Royal Bank of Canada lowered their price objective on shares of Dixons Carphone from GBX 250 ($3.27) to GBX 200 ($2.61) and set an “outperform” rating on the stock in a research report on Tuesday, October 16th. UBS Group reaffirmed a “buy” rating and set a GBX 220 ($2.87) target price on shares of Dixons Carphone in a report on Thursday, September 6th. Finally, Deutsche Bank reaffirmed a “buy” rating on shares of Dixons Carphone in a report on Friday, September 7th.

Dixons Carphone stock traded down GBX 0.90 ($0.01) during midday trading on Monday, reaching GBX 161.50 ($2.11). 3,084,512 shares of the company traded hands, compared to its average volume of 4,480,000. Dixons Carphone has a 12 month low of GBX 145.72 ($1.90) and a 12 month high of GBX 349.60 ($4.57).

In other Dixons Carphone news, insider Alex Baldock bought 100,000 shares of Dixons Carphone stock in a transaction on Friday, September 7th. The stock was acquired at an average cost of GBX 161 ($2.10) per share, with a total value of £161,000 ($210,375.02).

Dixons Carphone Company Profile

Dixons Carphone plc operates as an electrical and telecommunications retailer and service company. The company operates through three segments: UK & Ireland, Nordics, and Greece. It offers various products and services, including consumer electricals and mobile phones under the Carphone Warehouse and CurrysPCWorld Carphone Warehouse brands; computing products and services to business to business customers under the PC World Business brand; travelling services with stores at airports under the Dixons Travel brand; and services under the Team Knowhow brand.

Further Reading: Market Capitalization in the Stock Market

Analyst Recommendations for Dixons Carphone (LON:DC)

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