Dixons Carphone (LON:DC) had its target price lowered by Royal Bank of Canada from GBX 250 ($3.27) to GBX 200 ($2.61) in a report released on Tuesday morning. The firm currently has an outperform rating on the stock.
Several other research analysts have also issued reports on the company. Deutsche Bank reiterated a buy rating on shares of Dixons Carphone in a research note on Friday, September 7th. UBS Group reiterated a buy rating and set a GBX 220 ($2.87) price objective on shares of Dixons Carphone in a research note on Thursday, September 6th. HSBC reiterated a hold rating on shares of Dixons Carphone in a research note on Monday, July 9th. Liberum Capital reiterated a hold rating and set a GBX 195 ($2.55) price objective on shares of Dixons Carphone in a research note on Thursday, June 21st. Finally, Credit Suisse Group restated a neutral rating on shares of Dixons Carphone in a research note on Tuesday, June 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 195.71 ($2.56).
Dixons Carphone stock opened at GBX 157.55 ($2.06) on Tuesday. Dixons Carphone has a 52-week low of GBX 145.72 ($1.90) and a 52-week high of GBX 349.60 ($4.57).
About Dixons Carphone
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.
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