Deutsche Bank Aktiengesellschaft Raises DCC (LON:DCC) Price Target to GBX 6,000

DCC (LON:DCC) had its price target raised by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 5,500 to GBX 6,000 in a research note issued to investors on Wednesday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential downside of 1.72% from the company’s previous close.

DCC has been the topic of a number of other research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 6,500 price target on shares of DCC in a research report on Wednesday. UBS Group reiterated a “buy” rating and issued a GBX 6,500 price objective on shares of DCC in a research report on Friday, January 23rd. Berenberg Bank reissued a “buy” rating and set a GBX 6,300 target price on shares of DCC in a research note on Thursday, February 5th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 6,100 target price on shares of DCC in a report on Wednesday. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, DCC has a consensus rating of “Moderate Buy” and a consensus target price of GBX 5,963.29.

DCC Stock Performance

Shares of DCC stock opened at GBX 6,105 on Wednesday. The stock’s fifty day simple moving average is GBX 5,122.40 and its 200 day simple moving average is GBX 4,944.76. The company has a current ratio of 1.36, a quick ratio of 0.89 and a debt-to-equity ratio of 85.00. The company has a market capitalization of £5.22 billion, a PE ratio of -80.58, a PEG ratio of 4.37 and a beta of 0.71. DCC has a 12 month low of GBX 4,188 and a 12 month high of GBX 6,345.

Key DCC News

Here are the key news stories impacting DCC this week:

• Positive Sentiment: DCC reported higher annual profit, with energy markets and the energy-focused business driving performance, supporting the company’s plan to refocus on energy. DCC Increases Profit as Energy Business Takes Centre Stage Ahead of Rebrand (DCC)
• Positive Sentiment: Management struck a broadly positive tone on the Q4 earnings call, highlighting energy-focused growth and operational progress. DCC plc Earnings Call Highlights Energy-Focused Growth
• Positive Sentiment: Bloomberg reported that KKR and ECP may be considering a higher takeover bid for DCC after an earlier rejection, which could support the share price if an improved offer emerges. Digital Look
• Neutral Sentiment: Royal Bank of Canada reaffirmed its “sector perform” rating and set a GBX 6,500 price target, signaling a balanced view rather than a strong bullish shift. Digital Look
• Negative Sentiment: Despite profit growth, revenue declined as DCC continues reshaping its portfolio, which may temper enthusiasm about the near-term top line. DCC revenue falls as it refocuses on energy business

About DCC

DCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100.