Dixons Carphone (LON:DC) Given New GBX 150 Price Target at Barclays

Dixons Carphone (LON:DC) had its price objective hoisted by research analysts at Barclays from GBX 130 ($1.71) to GBX 150 ($1.97) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential downside of 1.19% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. UBS Group restated a “buy” rating and set a GBX 200 ($2.63) price objective on shares of Dixons Carphone in a research report on Thursday, September 5th. Royal Bank of Canada cut shares of Dixons Carphone to a “sector performer” rating in a research report on Tuesday, November 5th. Finally, Liberum Capital restated a “hold” rating on shares of Dixons Carphone in a research report on Friday, September 6th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. Dixons Carphone has an average rating of “Hold” and an average price target of GBX 159.17 ($2.09).

Dixons Carphone stock opened at GBX 151.80 ($2.00) on Friday. The firm’s fifty day moving average price is GBX 126.15 and its 200-day moving average price is GBX 119.76. The company has a debt-to-equity ratio of 14.77, a quick ratio of 0.46 and a current ratio of 0.92. The stock has a market cap of $1.78 billion and a P/E ratio of -5.50. Dixons Carphone has a fifty-two week low of GBX 90 ($1.18) and a fifty-two week high of GBX 160.20 ($2.11).

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.

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Analyst Recommendations for Dixons Carphone (LON:DC)

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