London: Dixons Carphone (LON:DC) Stock Has Just Had Its “Neutral” Rating Reiterated by Nomura. Shares now Have a GBX 495.00 Target


Dixons Carphone (LON:DC) Rating Reaffirmed

Recently, In an analyst research report revealed to investors and clients on Monday morning, Dixons Carphone (LON:DC) shares have had their “Neutral” Rating maintained by equity research analysts at Nomura, who currently has a GBX 495.00 target PPS on firm. This target by Nomura indicates the possibile upside of 2.78% from the 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 7.38% above today’s (GBX 482.2) 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 711,648 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.

London: Dixons Carphone (LON:DC) Stock Has Just Had Its

Dixons Carphone plc is a United Kingdom electrical and telecommunications, retailer and services company. The company has a market cap of 5.57 billion GBP. The Firm has four divisions, including UK & Ireland, Nordics, Southern Europe and Connected World Services. It has 29.51 P/E ratio. The UK & Ireland segment offers the brands: Currys, PC World, Carphone Warehouse, Dixons Travel, KNOWHOW, Geek Squad and PC World Business.