Key Investment Analysts at RBC Capital Markets Didn’t Change their ‘Outperform’ rating for Dixons Carphone (LON:DC) Shares Today. Their TP Given is GBX 550.00

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Dixons Carphone (LON:DC) Rating Reaffirmed

London: In a recent report revealed to clients and investors on Monday, 7 December, RBC Capital Markets reconfirmed their Outperform rating on Dixons Carphone (LON:DC) shares. They now have a GBX 550.00 target on the firm. RBC Capital Markets’s target may suggest a potential upside of 13.52% from the company’s last close price.

From a total of 10 analysts covering Dixons Carphone (LON:DC) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is GBX 545 while the lowest target price is GBX 450. The mean of all analyst targets is GBX 517.78 with a 6.69% above today’s (GBX 485.3) stock price. Dixons Carphone was the topic of 17 analyst reports since August 25, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on December 4 with “Buy” rating. RBC Capital Markets maintained shares with “Outperform” rating and GBX 525 target share price in a report from an October 19. Deutsche Bank maintained DC stock in a recent report from November 23 with “Buy” rating. Barclays Capital maintained the rating on September 11. Barclays Capital has a “Overweight” rating and a GBX 530 price target on shares. Finally, Nomura maintained the stock with “Neutral” rating in a report issued on an October 23.

Approximately 1.50 million shares of stock traded hands. Dixons Carphone PLC (LON:DC) has risen 6.46% since May 8, 2015 and is uptrending. It has outperformed by 7.54% the S&P500.

Key Investment Analysts at RBC Capital Markets Didn't Change their ‘Outperform’ rating for Dixons Carphone (LON:DC) Shares Today. Their TP Given is GBX 550.00

Dixons Carphone plc is a United Kingdom electrical and telecommunications, retailer and services company. The company has a market cap of 5.61 billion GBP. The Firm has four divisions, including UK & Ireland, Nordics, Southern Europe and Connected World Services. It has 29.7 P/E ratio. The UK & Ireland segment offers the brands: Currys, PC World, Carphone Warehouse, Dixons Travel, KNOWHOW, Geek Squad and PC World Business.

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