Today Berenberg Bank Reiterates a “Buy” Rating on Dcc (LON:DCC) and a GBX 8700.00 Target Price

July 13, 2018 - By Jenna Rose

DCC plc (LON:DCC) Logo

Dcc (LON:DCC) Rating Reaffirmed

The broker has just set a target of GBX 8700.00 on Dcc (LON:DCC) shares. This is 21.59 % from the last stock close. In an analyst report revealed to clients and investors on Friday, 13 July, Berenberg Bank reiterated their “Buy” rating on shares of DCC.

DCC plc (LON:DCC) Ratings Coverage

Among 6 analysts covering DCC PLC (LON:DCC), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. DCC PLC has GBX 9230 highest and GBX 8149 lowest target. GBX 8638.33’s average target is 20.73% above currents GBX 7155 stock price. DCC PLC had 11 analyst reports since January 23, 2018 according to SRatingsIntel. The stock of DCC plc (LON:DCC) earned “Add” rating by Peel Hunt on Wednesday, June 13. The company was maintained on Wednesday, February 7 by Canaccord Genuity. The firm has “Add” rating by Peel Hunt given on Wednesday, February 7. The rating was maintained by JP Morgan with “Overweight” on Wednesday, May 16. The company was maintained on Thursday, May 17 by Berenberg. The stock of DCC plc (LON:DCC) earned “Add” rating by Peel Hunt on Tuesday, May 15. The stock of DCC plc (LON:DCC) earned “Add” rating by Peel Hunt on Tuesday, January 23. As per Thursday, July 5, the company rating was maintained by Berenberg. The stock of DCC plc (LON:DCC) earned “Buy” rating by Stifel Nicolaus on Monday, May 21. As per Tuesday, May 15, the company rating was maintained by Canaccord Genuity.

The stock increased 3.70% or GBX 255 during the last trading session, reaching GBX 7155. About 255,687 shares traded. DCC plc (LON:DCC) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

DCC plc provides sales, marketing, and business support services worldwide. The company has market cap of 6.39 billion GBP. The companyÂ’s DCC Energy segment offers oil and liquefied petroleum gas products to commercial, retail, agricultural, industrial, marine, and other customers, as well as fuel cards. It has a 24.44 P/E ratio. This segment serves approximately 1.4 million clients in approximately 9 countries.

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