Dixons Carphone PLC (DC) Given Average Recommendation of “Hold” by Analysts

Share on StockTwits

Shares of Dixons Carphone PLC (LON:DC) have been given a consensus recommendation of “Hold” by the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is GBX 194 ($2.53).

A number of research analysts have weighed in on the stock. Goldman Sachs Group boosted their price objective on shares of Dixons Carphone from GBX 150 ($1.96) to GBX 155 ($2.03) and gave the company a “neutral” rating in a research report on Thursday, January 24th. HSBC boosted their price objective on shares of Dixons Carphone from GBX 150 ($1.96) to GBX 160 ($2.09) and gave the company a “buy” rating in a research report on Wednesday, January 23rd. Morgan Stanley upgraded shares of Dixons Carphone to an “overweight” rating and upped their price target for the stock from GBX 175 ($2.29) to GBX 240 ($3.14) in a report on Monday, January 28th. Finally, Royal Bank of Canada restated an “outperform” rating on shares of Dixons Carphone in a report on Wednesday, December 12th.

DC stock traded down GBX 0.95 ($0.01) during mid-day trading on Friday, reaching GBX 129.15 ($1.69). 2,275,567 shares of the stock traded hands, compared to its average volume of 4,480,000. Dixons Carphone has a one year low of GBX 145.72 ($1.90) and a one year high of GBX 349.60 ($4.57).

The business also recently declared a dividend, which was paid on Friday, January 25th. Stockholders of record on Thursday, December 27th were issued a GBX 2.25 ($0.03) dividend. This represents a dividend yield of 1.58%. The ex-dividend date of this dividend was Thursday, December 27th.

Dixons Carphone Company Profile

Dixons Carphone plc operates as an electrical and telecommunications retailer and service company. The company operates through three segments: UK & Ireland, Nordics, and Greece. It offers various products and services, including consumer electricals and mobile phones under the Carphone Warehouse and CurrysPCWorld Carphone Warehouse brands; computing products and services to business to business customers under the PC World Business brand; travelling services with stores at airports under the Dixons Travel brand; and services under the Team Knowhow brand.

Featured Article: Intrinsic Value

Analyst Recommendations for Dixons Carphone (LON:DC)

Receive News & Ratings for Dixons Carphone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dixons Carphone and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply