Jefferies Financial Group Increases DCC (LON:DCC) Price Target to GBX 7,560

DCC (LON:DCC) had its price target lifted by equities research analysts at Jefferies Financial Group from GBX 6,230 ($81.95) to GBX 7,560 ($99.45) in a research note issued to investors on Thursday, Stock Target Advisor reports. The firm currently has a “buy” rating on the stock. Jefferies Financial Group’s price target points to a potential upside of 12.94% from the stock’s previous close.

A number of other equities analysts have also commented on DCC. UBS Group reissued a “buy” rating on shares of DCC in a research note on Wednesday. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 8,963 ($117.90) target price on shares of DCC in a research report on Wednesday. Goldman Sachs Group dropped their target price on DCC from GBX 7,700 ($101.29) to GBX 6,800 ($89.45) and set a “neutral” rating for the company in a research report on Wednesday, April 1st. HSBC dropped their target price on DCC from GBX 8,350 ($109.84) to GBX 6,030 ($79.32) and set a “buy” rating for the company in a research report on Tuesday, April 7th. Finally, Peel Hunt restated a “buy” rating on shares of DCC in a research report on Tuesday. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 7,160.20 ($94.19).

DCC stock opened at GBX 6,694 ($88.06) on Thursday. The company has a debt-to-equity ratio of 101.35, a quick ratio of 1.22 and a current ratio of 1.52. The firm has a market cap of $6.42 billion and a P/E ratio of 28.36. The business’s fifty day moving average is GBX 5,527.86 and its two-hundred day moving average is GBX 6,009.80. DCC has a 52 week low of GBX 3,463 ($45.55) and a 52 week high of GBX 8,558.30 ($112.58).

DCC Company Profile

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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Analyst Recommendations for DCC (LON:DCC)

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