Dixons Carphone PLC (DC) Given “Buy” Rating at HSBC Holdings plc
HSBC Holdings plc reissued their buy rating on shares of Dixons Carphone PLC (LON:DC) in a research report sent to investors on Friday. They currently have a GBX 410 ($5.35) target price on the stock.
A number of other equities research analysts have also commented on the company. Credit Suisse Group restated an outperform rating on shares of Dixons Carphone PLC in a research report on Friday. Deutsche Bank AG decreased their price target on Dixons Carphone PLC from GBX 420 ($5.48) to GBX 400 ($5.22) and set a buy rating on the stock in a research report on Monday, July 17th. Liberum Capital restated a buy rating and set a GBX 430 ($5.62) price target on shares of Dixons Carphone PLC in a research report on Friday, July 7th. Goldman Sachs Group, Inc. (The) decreased their price target on Dixons Carphone PLC from GBX 365 ($4.77) to GBX 315 ($4.11) and set a neutral rating on the stock in a research report on Friday, June 30th. Finally, Numis Securities Ltd restated a hold rating and set a GBX 325 ($4.24) price target on shares of Dixons Carphone PLC in a research report on Thursday, June 29th. Three analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Buy and an average price target of GBX 402.25 ($5.25).
Shares of Dixons Carphone PLC (DC) opened at 265.00 on Friday. Dixons Carphone PLC has a 52 week low of GBX 258.40 and a 52 week high of GBX 391.20. The firm’s 50-day moving average price is GBX 293.74 and its 200 day moving average price is GBX 313.10. The company’s market cap is GBX 3.05 billion.
The company also recently disclosed a dividend, which will be paid on Friday, September 22nd. Shareholders of record on Thursday, August 24th will be given a GBX 7.75 ($0.10) dividend. The ex-dividend date of this dividend is Thursday, August 24th. This represents a yield of 2.64%.
In other news, insider Lord Livingston acquired 19,087 shares of the firm’s stock in a transaction on Friday, July 14th. The shares were purchased at an average cost of GBX 260 ($3.40) per share, for a total transaction of £49,626.20 ($64,803.08). Also, insider Andrew Harrison sold 1,000,000 shares of the stock in a transaction on Monday, July 10th. The shares were sold at an average price of GBX 278 ($3.63), for a total value of £2,780,000 ($3,630,190.65).
Dixons Carphone PLC Company Profile
Dixons Carphone plc (Dixons Carphone) is an electrical and telecommunications retailer and services company. The Company operates through four segments: UK & Ireland, Nordics, Southern Europe and Connected World Services (CWS). Dixons Carphone offers a range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and KNOWHOW.
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