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.
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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.
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