Dixons Carphone PLC (LON:DC) Given Consensus Recommendation of “Buy” by Analysts

Shares of Dixons Carphone PLC (LON:DC) have received a consensus rating of “Buy” from the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is GBX 189.67 ($2.48).

A number of equities analysts have commented on DC shares. Goldman Sachs Group decreased their price target on Dixons Carphone from GBX 155 ($2.03) to GBX 148 ($1.93) and set a “neutral” rating on the stock in a research note on Wednesday, May 22nd. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Dixons Carphone in a research note on Monday, March 18th. Barclays started coverage on Dixons Carphone in a research note on Thursday, April 11th. They issued an “overweight” rating and a GBX 175 ($2.29) price target on the stock. Finally, Numis Securities cut Dixons Carphone to a “reduce” rating in a research note on Thursday.

Dixons Carphone stock traded down GBX 0.80 ($0.01) during trading hours on Friday, reaching GBX 120.95 ($1.58). The company had a trading volume of 1,440,570 shares, compared to its average volume of 4,480,000. The company has a debt-to-equity ratio of 15.13, a current ratio of 0.87 and a quick ratio of 0.42. The stock has a market capitalization of $1.40 billion and a P/E ratio of -4.06. Dixons Carphone has a 12-month low of GBX 111.15 ($1.45) and a 12-month high of GBX 201.80 ($2.64).

Dixons Carphone Company Profile

Dixons Carphone plc operates as an electrical and telecommunications retailer and service company. The company operates through three segments: UK & Ireland, Nordics, and Greece. It offers various products and services, including consumer electricals and mobile phones under the Carphone Warehouse and CurrysPCWorld Carphone Warehouse brands; computing products and services to business to business customers under the PC World Business brand; travelling services with stores at airports under the Dixons Travel brand; and services under the Team Knowhow brand.

Featured Story: What does the Producer Price Index (PPI) tell investors?

Analyst Recommendations for Dixons Carphone (LON:DC)

Receive News & Ratings for Dixons Carphone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dixons Carphone and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit