Dixons Carphone (DC) Lifted to “Add” at Numis Securities

Numis Securities upgraded shares of Dixons Carphone (LON:DC) to an add rating in a research report sent to investors on Thursday. The brokerage currently has GBX 210 ($2.83) price objective on the stock.

A number of other brokerages have also recently issued reports on DC. Investec reaffirmed a not rated rating on shares of Dixons Carphone in a research note on Thursday, August 24th. Liberum Capital reaffirmed an under review rating on shares of Dixons Carphone in a research note on Thursday, August 24th. Citigroup reaffirmed a buy rating and set a GBX 230 ($3.10) price objective on shares of Dixons Carphone in a research note on Monday, October 9th. Deutsche Bank reduced their price objective on Dixons Carphone from GBX 340 ($4.58) to GBX 250 ($3.36) and set a buy rating on the stock in a research note on Friday, September 29th. Finally, Canaccord Genuity reaffirmed a hold rating and set a GBX 180 ($2.42) price objective on shares of Dixons Carphone in a research note on Wednesday. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company. Dixons Carphone has a consensus rating of Buy and a consensus target price of GBX 228.73 ($3.08).

Dixons Carphone (LON DC) opened at GBX 189.60 ($2.55) on Thursday. Dixons Carphone has a 12 month low of GBX 145.72 ($1.96) and a 12 month high of GBX 359 ($4.83).

In other news, insider Jock Fyfe Lennox bought 11,000 shares of the company’s stock in a transaction dated Friday, October 27th. The stock was bought at an average cost of GBX 178 ($2.40) per share, for a total transaction of £19,580 ($26,352.62).

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About Dixons Carphone

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.

Analyst Recommendations for Dixons Carphone (LON:DC)

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