Reaffirmed: Dcc (LON:DCC) Buy Rating Maintained at Berenberg Bank; GBX 8700.00 Target in Place

May 17, 2018 - By Kristen Paramore

DCC plc (LON:DCC) Logo

Dcc (LON:DCC) Rating Reaffirmed

Expert analysts at Berenberg Bank now has a GBX 8700.00 price target on Dcc (LON:DCC). Berenberg Bank and their recent price target gives a potential upside of 17.09 % from the company’s last stock price. The rating has been disclosed to clients in a note on Thursday morning.

DCC plc (LON:DCC) Ratings Coverage

Among 4 analysts covering DCC PLC (LON:DCC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. DCC PLC has GBX 8700 highest and GBX 7247 lowest target. GBX 8425’s average target is 13.09% above currents GBX 7450 stock price. DCC PLC had 10 analyst reports since November 20, 2017 according to SRatingsIntel. Canaccord Genuity maintained DCC plc (LON:DCC) on Thursday, January 4 with “Buy” rating. The rating was maintained by Berenberg on Monday, November 20 with “Buy”. The rating was maintained by JP Morgan with “Overweight” on Wednesday, May 16. The rating was maintained by Canaccord Genuity on Wednesday, February 7 with “Buy”. Peel Hunt maintained it with “Add” rating and GBX 8149 target in Tuesday, January 23 report. On Wednesday, February 7 the stock rating was maintained by Peel Hunt with “Add”. On Thursday, January 11 the stock rating was maintained by Peel Hunt with “Add”. Peel Hunt maintained the stock with “Add” rating in Wednesday, January 3 report. The firm has “Buy” rating given on Tuesday, May 15 by Canaccord Genuity. The stock of DCC plc (LON:DCC) has “Add” rating given on Tuesday, May 15 by Peel Hunt.

The stock increased 1.22% or GBX 90 during the last trading session, reaching GBX 7450. About 231,550 shares traded. DCC plc (LON:DCC) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

DCC plc provides sales, marketing, and business support services worldwide. The company has market cap of 6.65 billion GBP. The companyÂ’s DCC Energy segment offers oil and liquefied petroleum gas products to commercial, retail, agricultural, industrial, marine, and other customers, as well as fuel cards. It has a 27.82 P/E ratio. This segment serves approximately 1.4 million clients in approximately 9 countries.

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