DCC (DCC) Receives Add Rating from Peel Hunt

Peel Hunt reaffirmed their add rating on shares of DCC (LON:DCC) in a report released on Tuesday morning, ThisIsMoney.Co.Uk reports.

Several other equities research analysts also recently commented on the company. UBS Group reiterated a buy rating on shares of DCC in a report on Friday, May 10th. Canaccord Genuity reiterated a buy rating and set a GBX 8,540 ($111.59) target price on shares of DCC in a report on Tuesday, February 5th. Finally, Goldman Sachs Group downgraded DCC to a neutral rating and dropped their target price for the company from GBX 8,500 ($111.07) to GBX 7,900 ($103.23) in a report on Monday, January 21st. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of Buy and an average price target of GBX 8,374.22 ($109.42).

DCC stock opened at GBX 6,836 ($89.32) on Tuesday. The stock has a market capitalization of $6.65 billion and a PE ratio of 25.36. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 115.45. DCC has a 12 month low of GBX 5,555 ($72.59) and a 12 month high of GBX 7,585 ($99.11).

The business also recently announced a dividend, which will be paid on Thursday, July 18th. Investors of record on Thursday, May 23rd will be issued a dividend of GBX 93.37 ($1.22) per share. This is an increase from DCC’s previous dividend of $44.98. This represents a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, May 23rd. DCC’s dividend payout ratio (DPR) is presently 0.47%.

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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