DCC (LON:DCC) Stock Falls 0.1% – Should You Sell?

DCC plc (LON:DCC) traded down 0.1% during trading on Wednesday. The stock traded as low as GBX 6,455 and last traded at GBX 6,455. Approximately 326,394 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 3,327,855 shares. The stock had previously closed at GBX 6,460.

Analysts Set New Price Targets

A number of research firms recently commented on DCC. Deutsche Bank boosted their price objective on shares of DCC from GBX 6,000 to GBX 6,650 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Peel Hunt reiterated an “add” rating and set a GBX 6,350 price target on shares of DCC in a research report on Monday, July 27th. Finally, Berenberg Bank lowered DCC to a “hold” rating and set a GBX 6,700 price target on the stock. in a research note on Wednesday, September 2nd. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 6,215.43.

DCC Price Performance

The firm has a market cap of £5.52 billion, a price-to-earnings ratio of 457.15, a P/E/G ratio of 4.37 and a beta of 0.73. The company has a current ratio of 1.08, a quick ratio of 0.89 and a debt-to-equity ratio of 106.87. The firm has a 50 day moving average price of GBX 6,420.32 and a 200-day moving average price of GBX 5,835.32.

DCC Company Profile

DCC Energy is a leader in multi-energy sales and distribution in Europe and the US. The Group serves millions of customers across the commercial & industrial, public and domestic sectors. DCC Energy delivers mainly off-grid energy solutions, led by liquid gas, and operates services stations and fleet services. The Group supplies the secure, cleaner and competitive energy that customers need, supporting industrial processes, heating homes, and keeping transport moving. DCC Energy does this while supporting customers through the transition with the energy and services they need next.