UBS Group Reaffirms Buy Rating for DCC (LON:DCC)

DCC (LON:DCC)‘s stock had its “buy” rating restated by equities researchers at UBS Group in a research note issued to investors on Tuesday, February 5th, www.digitallook.com reports. They presently have a GBX 8,000 ($104.53) price target on the stock. UBS Group’s price objective points to a potential upside of 23.08% from the company’s current price.

A number of other equities research analysts have also recently commented on DCC. JPMorgan Chase & Co. raised their target price on shares of DCC from GBX 8,380 ($109.50) to GBX 8,640 ($112.90) and gave the stock an “overweight” rating in a research note on Wednesday, November 14th. Peel Hunt reiterated an “add” rating and set a GBX 7,108 ($92.88) price objective on shares of DCC in a research report on Tuesday, February 5th. Canaccord Genuity reiterated a “buy” rating and set a GBX 8,540 ($111.59) price objective on shares of DCC in a research report on Tuesday, February 5th. Berenberg Bank reduced their price objective on shares of DCC from GBX 8,700 ($113.68) to GBX 8,350 ($109.11) and set a “buy” rating on the stock in a research report on Monday, November 19th. Finally, Goldman Sachs Group cut shares of DCC to a “neutral” rating and reduced their price objective for the company from GBX 8,500 ($111.07) to GBX 7,900 ($103.23) in a research report on Monday, January 21st. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. DCC presently has an average rating of “Buy” and an average target price of GBX 8,374.22 ($109.42).

Shares of DCC traded down GBX 25 ($0.33) on Tuesday, reaching GBX 6,500 ($84.93). The company’s stock 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).

DCC Company Profile

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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