Dixons Carphone (LON:DC) Stock Upgrade
Shares of Dixons Carphone (LON:DC) stock were boosted to a “Top pick” by stock research analysts at RBC Capital Markets, who now have a TP set at GBX 550.00 on DC. This target is 15.28% from DC’s current share price.
From a total of 11 analysts covering Dixons Carphone (LON:DC) stock, 9 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 82% of the ratings are positive. The highest target price is GBX 560 while the lowest target price is GBX 450. The mean of all analyst targets is GBX 532.50 with a 11.61% above today’s (GBX 477.1) stock price. Dixons Carphone was the topic of 30 analyst reports since August 25, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 18 with “Outperform” rating. Investec maintained shares with “Add” rating and GBX 510 target share price in a report from a December 15. Canaccord Genuity maintained DC stock in a recent report from December 17 with “Buy” rating. Barclays Capital maintained the rating on December 9. Barclays Capital has a “Overweight” rating and a GBX 530 price target on shares. Finally, Deutsche Bank maintained the stock with “Buy” rating in a report issued on a December 17.
The stock closed the day at GBX 477.1 during the previous session. It is down 1.94% since May 22, 2015 and is uptrending. It has outperformed by 7.75% 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 29.2 P/E ratio. The UK & Ireland segment offers the brands: Currys, PC World, Carphone Warehouse, Dixons Travel, KNOWHOW, Geek Squad and PC World Business.