Peel Hunt Reiterates Add Rating for DCC (LON:DCC)

Peel Hunt reaffirmed their add rating on shares of DCC (LON:DCC) in a report issued on Tuesday, February 5th. Peel Hunt currently has a GBX 7,108 ($92.88) price objective on the stock.

DCC has been the subject of a number of other reports. Goldman Sachs Group lowered DCC to a neutral rating and decreased their target price for the company from GBX 8,500 ($111.07) to GBX 7,900 ($103.23) in a report on Monday, January 21st. UBS Group decreased their target price on DCC from GBX 8,500 ($111.07) to GBX 8,000 ($104.53) and set a buy rating for the company in a report on Wednesday, November 21st. JPMorgan Chase & Co. raised their price target on DCC from GBX 8,380 ($109.50) to GBX 8,640 ($112.90) and gave the company an overweight rating in a research note on Wednesday, November 14th. Finally, Berenberg Bank cut their price target on DCC from GBX 8,700 ($113.68) to GBX 8,350 ($109.11) and set a buy rating on the stock in a research note on Monday, November 19th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 8,374.22 ($109.42).

LON:DCC traded down GBX 25 ($0.33) during midday trading on Tuesday, reaching GBX 6,500 ($84.93). The company had a trading volume of 260,060 shares, compared to its average volume of 258,121. DCC has a 12-month low of GBX 6,490 ($84.80) and a 12-month high of GBX 7,762.50 ($101.43).

About DCC

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 engages in the procurement, sale, marketing, and distribution of LPG; operation of retail petrol stations; and reselling of fuel cards.

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Analyst Recommendations for DCC (LON:DCC)

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