Dixons Carphone PLC (LON:DC) Price Target Lowered to GBX 190 at Goldman Sachs Group, Inc. (The)

Dixons Carphone PLC (LON:DC) had its price objective reduced by Goldman Sachs Group, Inc. (The) from GBX 305 ($3.94) to GBX 190 ($2.45) in a research note published on Wednesday, August 30th. Goldman Sachs Group, Inc. (The) currently has a neutral rating on the stock.

Several other research analysts also recently issued reports on DC. Investec reaffirmed a buy rating and set a GBX 405 ($5.23) price objective on shares of Dixons Carphone PLC in a report on Friday, May 12th. HSBC Holdings plc reduced their price objective on Dixons Carphone PLC from GBX 450 ($5.81) to GBX 430 ($5.55) and set a buy rating on the stock in a report on Wednesday, May 17th. Liberum Capital reaffirmed a buy rating and set a GBX 430 ($5.55) price objective on shares of Dixons Carphone PLC in a report on Wednesday, May 17th. Canaccord Genuity reduced their price objective on Dixons Carphone PLC from GBX 440 ($5.68) to GBX 395 ($5.10) and set a buy rating on the stock in a report on Thursday, May 25th. Finally, Numis Securities Ltd reaffirmed a hold rating and set a GBX 350 ($4.52) price objective on shares of Dixons Carphone PLC in a report on Thursday, May 25th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 317.63 ($4.10).

Dixons Carphone PLC (LON DC) opened at 173.00 on Wednesday. The stock has a 50 day moving average price of GBX 218.99 and a 200 day moving average price of GBX 285.09. Dixons Carphone PLC has a 52 week low of GBX 155.40 and a 52 week high of GBX 378.70. The stock’s market cap is GBX 1.99 billion.

WARNING: “Dixons Carphone PLC (LON:DC) Price Target Lowered to GBX 190 at Goldman Sachs Group, Inc. (The)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international copyright and trademark law. The legal version of this report can be viewed at https://ledgergazette.com/2017/09/17/goldman-sachs-group-inc-the-trims-dixons-carphone-plc-dc-target-price-to-gbx-190.html.

The firm also recently disclosed a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be paid a dividend of GBX 7.75 ($0.10) per share. The ex-dividend date is Thursday, August 24th. This represents a dividend yield of 2.64%.

In related news, insider Andrew Harrison sold 1,000,000 shares of the firm’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of GBX 278 ($3.59), for a total value of £2,780,000 ($3,590,339.66). Also, insider Andrea Gisle Joosen bought 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The stock was purchased at an average price of GBX 166 ($2.14) per share, with a total value of £14,110 ($18,222.91). Over the last 90 days, insiders have bought 106,716 shares of company stock valued at $20,405,098.

About Dixons Carphone PLC

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 PLC (LON:DC)

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

Leave a Reply