DCC plc (DCC.L) (LON:DCC) Price Target Raised to GBX 7,569 at JPMorgan Chase & Co.
DCC plc (DCC.L) (LON:DCC) had its price target raised by investment analysts at JPMorgan Chase & Co. from GBX 7,393 ($96.59) to GBX 7,569 ($98.89) in a research report issued to clients and investors on Thursday, AnalystRatings.net reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 31.50% from the stock’s current price.
Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 7,450 ($97.33) price objective on shares of DCC plc (DCC.L) in a report on Thursday, November 19th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 7,126.22 ($93.10).
DCC traded up GBX 56 ($0.73) during mid-day trading on Thursday, reaching GBX 5,756 ($75.20). 218,893 shares of the stock were exchanged, compared to its average volume of 305,466. The company has a debt-to-equity ratio of 85.66, a quick ratio of 1.17 and a current ratio of 1.48. The stock has a market capitalization of £5.67 billion and a PE ratio of 19.83. The company has a 50 day moving average price of GBX 5,482.27 and a two-hundred day moving average price of GBX 6,042.28. DCC plc has a 1 year low of GBX 3,463 ($45.24) and a 1 year high of GBX 7,204 ($94.12).
DCC plc provides sales, marketing, and support services worldwide. The company's DCC LPG segment sells and markets liquefied petroleum gas (LPG). This segment serves approximately 0.7 million customers. Its DCC Retail & Oil segment 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 inbound logistics, storage and filling, and outbound logistics services.
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