DCC (OTCMKTS:DCCPF) Lowered to Hold Rating by Berenberg Bank

Berenberg Bank lowered shares of DCC (OTCMKTS:DCCPF) from a strong-buy rating to a hold rating in a research report released on Wednesday,Zacks reports.

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of DCC in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

DCC Price Performance

Shares of DCCPF opened at $85.87 on Wednesday. The business’s fifty day simple moving average is $83.15 and its two-hundred day simple moving average is $74.95. The company has a current ratio of 1.20, a quick ratio of 0.97 and a debt-to-equity ratio of 0.83. DCC has a 12 month low of $57.80 and a 12 month high of $85.87.

About DCC

DCC plc is an international sales, marketing and support services group headquartered in Dublin, Ireland. Trading on the London Stock Exchange since 1994 and quoted over-the-counter in the U.S. as DCCPF, the company operates through three core divisions—Energy, Healthcare and Technology—providing a broad portfolio of essential products and services to customers across Europe, North America and the Asia-Pacific region.

The Energy division distributes fuels and energy solutions including liquefied petroleum gas, heating oil, autogas, aviation fuels and renewable energy products.