Dixons Carphone plc (DC) Stock Rating Upgraded by Investec
A number of other research firms have also recently weighed in on DC. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 340 ($4.47) price target on shares of Dixons Carphone plc in a report on Friday, September 8th. BNP Paribas reaffirmed an underperform rating and issued a GBX 150 ($1.97) price target on shares of Dixons Carphone plc in a report on Monday, October 30th. Barclays PLC reaffirmed an overweight rating and issued a GBX 231 ($3.04) price target on shares of Dixons Carphone plc in a report on Friday, August 25th. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 185 ($2.43) price target on shares of Dixons Carphone plc in a report on Wednesday, September 6th. Finally, Liberum Capital reaffirmed a buy rating and issued a GBX 430 ($5.66) price target on shares of Dixons Carphone plc in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company’s stock. Dixons Carphone plc currently has an average rating of Buy and an average target price of GBX 250.43 ($3.29).
Dixons Carphone plc (LON DC) traded down GBX 2.50 ($0.03) during mid-day trading on Thursday, hitting GBX 149.50 ($1.97). 8,679,796 shares of the stock were exchanged, compared to its average volume of 7,370,000. Dixons Carphone plc has a 52 week low of GBX 145.72 ($1.92) and a 52 week high of GBX 373.28 ($4.91).
In other news, insider Tony DeNunzio acquired 50,000 shares of the business’s stock in a transaction on Friday, August 25th. The stock was bought at an average cost of GBX 178 ($2.34) per share, for a total transaction of £89,000 ($117,059.06). Also, insider Katie Bickerstaffe purchased 10,000 shares of the company’s stock in a transaction dated Wednesday, September 6th. The stock was bought at an average price of GBX 165 ($2.17) per share, with a total value of £16,500 ($21,701.96). Over the last quarter, insiders have acquired 98,629 shares of company stock valued at $17,400,478.
About Dixons Carphone plc
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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