DCC plc (LON:DCC) Stock Now Rated “Hold” by Sell-Side Analysts

DCC plc (LON:DCC) has been given an average recommendation of “Hold” by the seven brokerages that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 6,215.43.

A number of research analysts have recently weighed in on DCC shares. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 6,500 target price on shares of DCC in a report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft upped their price target on DCC from GBX 6,000 to GBX 6,650 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Berenberg Bank cut DCC to a “hold” rating and set a GBX 6,700 price objective on the stock. in a research note on Wednesday, September 2nd. Finally, Peel Hunt restated an “add” rating and set a GBX 6,350 price objective on shares of DCC in a research note on Monday, July 27th.

DCC Stock Performance

Shares of DCC opened at GBX 6,435 on Friday. The company has a debt-to-equity ratio of 100.63, a quick ratio of 0.89 and a current ratio of 1.20. The stock has a 50 day moving average price of GBX 6,358.02 and a two-hundred day moving average price of GBX 5,862.51. The firm has a market capitalization of £5.50 billion, a P/E ratio of 455.74, a P/E/G ratio of 4.37 and a beta of 0.73. DCC has a 52 week low of GBX 4,188 and a 52 week high of GBX 6,740.

About DCC

DCC Energy is a leader in multi-energy sales and distribution in Europe and the US. The Group serves millions of customers across the commercial & industrial, public and domestic sectors. DCC Energy delivers mainly off-grid energy solutions, led by liquid gas, and operates services stations and fleet services. The Group supplies the secure, cleaner and competitive energy that customers need, supporting industrial processes, heating homes, and keeping transport moving. DCC Energy does this while supporting customers through the transition with the energy and services they need next.