Dixons Carphone (DC) Price Target Lowered to GBX 200 at Royal Bank of Canada
Dixons Carphone (LON:DC) had its price target lowered by Royal Bank of Canada from GBX 250 ($3.27) to GBX 200 ($2.61) in a research note issued to investors on Tuesday. Royal Bank of Canada currently has an outperform rating on the stock.
A number of other equities research analysts have also issued reports on DC. Liberum Capital reissued a hold rating and issued a GBX 195 ($2.55) price target on shares of Dixons Carphone in a report on Thursday, June 21st. Citigroup reissued a buy rating on shares of Dixons Carphone in a report on Tuesday, June 26th. Credit Suisse Group reissued a neutral rating on shares of Dixons Carphone in a report on Tuesday, June 26th. Deutsche Bank reissued a buy rating on shares of Dixons Carphone in a report on Tuesday, July 3rd. Finally, HSBC reissued a hold rating on shares of Dixons Carphone in a report on Monday, July 9th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 195.71 ($2.56).
Shares of Dixons Carphone stock opened at GBX 161.10 ($2.11) on Tuesday. Dixons Carphone has a 12-month low of GBX 145.72 ($1.90) and a 12-month high of GBX 349.60 ($4.57).
About Dixons Carphone
Dixons Carphone plc operates as an electrical and telecommunications retailer and service company. The company operates through three segments: UK & Ireland, Nordics, and Greece. It offers various products and services, including consumer electricals and mobile phones under the Carphone Warehouse and CurrysPCWorld Carphone Warehouse brands; computing products and services to business to business customers under the PC World Business brand; travelling services with stores at airports under the Dixons Travel brand; and services under the Team Knowhow brand.
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