DCC (DCC) Given Buy Rating at UBS Group

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UBS Group reissued their buy rating on shares of DCC (LON:DCC) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.

Several other brokerages have also commented on DCC. Canaccord Genuity reiterated a buy rating and set a GBX 8,540 ($111.59) price objective on shares of DCC in a report on Tuesday, February 5th. Goldman Sachs Group lowered DCC to a neutral rating and decreased their price objective for the company from GBX 8,500 ($111.07) to GBX 7,900 ($103.23) in a report on Monday, January 21st. Finally, Peel Hunt reiterated an add rating and set a GBX 7,108 ($92.88) price objective on shares of DCC in a report on Tuesday, February 5th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 8,374.22 ($109.42).

Shares of DCC traded down GBX 8 ($0.10) during midday trading on Friday, hitting GBX 6,590 ($86.11). 119,655 shares of the company’s stock traded hands, compared to its average volume of 258,121. DCC has a 1 year low of GBX 5,555 ($72.59) and a 1 year high of GBX 7,585 ($99.11). The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 115.45. The firm has a market cap of $6.48 billion and a PE ratio of 24.44.

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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