DCC (LON:DCC) Given Buy Rating at Berenberg Bank

DCC (LON:DCCGet Free Report)‘s stock had its “buy” rating reaffirmed by Berenberg Bank in a research report issued on Tuesday, Marketbeat Ratings reports. They currently have a GBX 7,020 ($90.34) target price on the stock. Berenberg Bank’s price target points to a potential upside of 28.69% from the company’s current price.

Separately, Royal Bank of Canada upgraded shares of DCC to an “outperform” rating and lifted their price objective for the company from GBX 5,700 ($73.35) to GBX 5,800 ($74.64) in a research note on Thursday, August 15th.

Read Our Latest Research Report on DCC

DCC Price Performance

Shares of LON:DCC opened at GBX 5,455 ($70.20) on Tuesday. The company’s fifty day moving average price is GBX 5,141.25 and its 200 day moving average price is GBX 5,394.36. DCC has a 12 month low of GBX 4,670 ($60.10) and a 12 month high of GBX 6,075 ($78.18). The company has a debt-to-equity ratio of 73.97, a current ratio of 1.18 and a quick ratio of 0.89. The firm has a market capitalization of £5.39 billion, a P/E ratio of 1,653.03, a P/E/G ratio of 4.37 and a beta of 0.74.

DCC Company Profile

(Get Free Report)

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.

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