London: Dixons Carphone (LON:DC) Stock Has Just Had Its Add Rating Reiterated by Investec. Shares now Have a GBX 510.00 Target

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Dixons Carphone (LON:DC) Rating Reaffirmed

London: In an analyst research report published on 16 December, Investec kept steady their Add rating on Dixons Carphone (LON:DC) shares. They now have a GBX 510.00 target price on the company. Investec’s target would suggest a potential upside of 4.26% from the company’s last stock 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 550 while the lowest target price is GBX 450. The mean of all analyst targets is GBX 525.56 with a 7.13% above today’s (GBX 490.6) stock price. Dixons Carphone was the topic of 25 analyst reports since August 25, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 15 with “Add” rating. Nomura maintained shares with “Neutral” rating and GBX 495 target share price in a report from a December 7. Deutsche Bank maintained DC stock in a recent report from December 14 with “Buy” rating. RBC Capital Markets maintained the rating on December 7. RBC Capital Markets has a “Outperform” rating and a GBX 550 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a December 9.

Approximately 1.25M shares of stock traded hands. Dixons Carphone PLC (LON:DC) has risen 1.90% since May 19, 2015 and is uptrending. It has outperformed by 4.53% the S&P500.

London: Dixons Carphone (LON:DC) Stock Has Just Had Its Add Rating Reiterated by Investec. Shares now Have a GBX 510.00 Target

Dixons Carphone plc is a United Kingdom electrical and telecommunications, retailer and services company. The company has a market cap of 5.50 billion GBP. The Firm has four divisions, including UK & Ireland, Nordics, Southern Europe and Connected World Services. It has 30.02 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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