Dixons Carphone (LON:DC) Rating Reaffirmed
Analysts at Deutsche Bank now has a GBX 525.00 target on Dixons Carphone (LON:DC). Deutsche Bank and their recent target could mean a potential upside of 8.25% from the company’s close price. The rating has been released in an interesting research report on Thursday, 17 December.
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 8.36% above today’s (GBX 485) 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.
The stock decreased 0.02% or GBX 0.1 on December 16, striking GBX 485. Approximately shares of stock traded hands. Dixons Carphone PLC (LON:DC) has risen 5.57% since May 20, 2015 and is uptrending. It has outperformed by 8.20% the S&P500.
Dixons Carphone plc is a United Kingdom electrical and telecommunications, retailer and services company. The company has a market cap of 5.49 billion GBP. The Firm has four divisions, including UK & Ireland, Nordics, Southern Europe and Connected World Services. It has 29.68 P/E ratio. The UK & Ireland segment offers the brands: Currys, PC World, Carphone Warehouse, Dixons Travel, KNOWHOW, Geek Squad and PC World Business.