DCC plc (LON:DCC) has been given a consensus recommendation of “Buy” by the nine ratings firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 8,285.13 ($106.88).
DCC has been the topic of a number of research analyst reports. Royal Bank of Canada restated an “outperform” rating and set a GBX 9,500 ($122.55) price objective on shares of DCC in a report on Friday. UBS Group dropped their price objective on shares of DCC from GBX 8,900 ($114.81) to GBX 8,500 ($109.65) and set a “buy” rating on the stock in a report on Monday, September 3rd. Peel Hunt restated an “add” rating on shares of DCC in a report on Thursday, August 23rd. Berenberg Bank restated a “buy” rating and set a GBX 5,700 ($73.53) price objective on shares of DCC in a report on Tuesday, July 31st. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 8,471 ($109.28) price objective on shares of DCC in a report on Friday, July 13th.
DCC traded up GBX 110 ($1.42) during mid-day trading on Monday, hitting GBX 6,845 ($88.30). The stock had a trading volume of 642,645 shares, compared to its average volume of 258,121. DCC has a 1-year low of GBX 6,490 ($83.72) and a 1-year high of GBX 7,762.50 ($100.14).
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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