DCC (DCC) Receives “Outperform” Rating from Royal Bank of Canada
Royal Bank of Canada reiterated their outperform rating on shares of DCC (LON:DCC) in a research report released on Friday, September 7th. The brokerage currently has a GBX 9,500 ($123.75) price objective on the stock.
Several other equities research analysts have also recently weighed in on DCC. Berenberg Bank reiterated a buy rating on shares of DCC in a research report on Friday, July 20th. UBS Group reiterated a buy rating on shares of DCC in a research report on Wednesday, July 4th. JPMorgan Chase & Co. increased their price objective on shares of DCC from GBX 8,160 ($106.29) to GBX 8,380 ($109.16) and gave the stock an overweight rating in a research report on Wednesday, May 16th. Peel Hunt reiterated an add rating on shares of DCC in a research report on Tuesday, May 15th. Finally, Canaccord Genuity reiterated a buy rating and set a GBX 8,471 ($110.34) price objective on shares of DCC in a research report on Friday, July 13th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus price target of GBX 8,270 ($107.72).
Shares of DCC stock traded up GBX 185 ($2.41) during trading hours on Friday, hitting GBX 7,115 ($92.68). 247,797 shares of the company’s stock traded hands, compared to its average volume of 258,121. DCC has a 12 month low of GBX 6,490 ($84.54) and a 12 month high of GBX 7,762.50 ($101.11).
DCC plc provides sales, marketing, and support services worldwide. The company's DCC LPG segment sells and markets liquefied petroleum gas (LPG). This segment serves approximately 0.7 million customers. Its DCC Retail & Oil segment engages in the procurement, sale, marketing, and distribution of LPG; operation of retail petrol stations; and reselling of fuel cards.
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