Dixons Carphone PLC (LON:DC)‘s stock had its “buy” rating reaffirmed by research analysts at Citigroup Inc. in a research report issued to clients and investors on Monday. They currently have a GBX 230 ($3.02) price target on the stock. Citigroup Inc.’s price target would suggest a potential upside of 18.68% from the company’s previous close.
Other research analysts have also issued research reports about the stock. Deutsche Bank AG reduced their target price on shares of Dixons Carphone PLC from GBX 420 ($5.52) to GBX 400 ($5.26) and set a “buy” rating on the stock in a research note on Monday, July 17th. Liberum Capital reaffirmed a “buy” rating and issued a GBX 430 ($5.65) target price on shares of Dixons Carphone PLC in a research note on Friday, July 7th. Investec reaffirmed a “buy” rating and issued a GBX 405 ($5.32) target price on shares of Dixons Carphone PLC in a research note on Wednesday, June 28th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 395 ($5.19) target price on shares of Dixons Carphone PLC in a research note on Wednesday, June 28th. Finally, HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 410 ($5.39) target price on shares of Dixons Carphone PLC in a research note on Thursday, June 29th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of GBX 283.07 ($3.72).
Shares of Dixons Carphone PLC (LON DC) opened at 193.80 on Monday. The firm’s market capitalization is GBX 2.23 billion. Dixons Carphone PLC has a 1-year low of GBX 155.40 and a 1-year high of GBX 373.28. The company’s 50-day moving average is GBX 182.94 and its 200 day moving average is GBX 270.36.
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In related news, insider Katie Bickerstaffe bought 10,000 shares of the company’s stock in a transaction on Wednesday, September 6th. The shares were purchased at an average cost of GBX 165 ($2.17) per share, for a total transaction of £16,500 ($21,693.40). Also, insider Lord Livingston bought 19,087 shares of the company’s stock in a transaction on Friday, July 14th. The shares were bought at an average price of GBX 260 ($3.42) per share, for a total transaction of £49,626.20 ($65,246.12). Insiders have acquired a total of 106,716 shares of company stock worth $20,405,098 over the last 90 days.
Dixons Carphone PLC Company Profile
Dixons Carphone plc (Dixons Carphone) is an electrical and telecommunications retailer and services company. The Company operates through four segments: UK & Ireland, Nordics, Southern Europe and Connected World Services (CWS). Dixons Carphone offers a range of electrical and mobile products, connectivity and expert after-sales services from the Geek Squad and KNOWHOW.
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