Dixons Carphone plc (DC) Lifted to Buy at Investec

Investec upgraded shares of Dixons Carphone plc (LON:DC) to a buy rating in a report published on Thursday morning. They currently have GBX 185 ($2.43) price objective on the stock.

DC has been the subject of a number of other research reports. Deutsche Bank AG dropped their price objective on shares of Dixons Carphone plc from GBX 340 ($4.47) to GBX 250 ($3.29) and set a buy rating for the company in a report on Friday, September 29th. Liberum Capital restated an under review rating on shares of Dixons Carphone plc in a report on Thursday, August 24th. HSBC Holdings plc restated a buy rating and issued a GBX 410 ($5.39) price objective on shares of Dixons Carphone plc in a report on Friday, July 21st. Goldman Sachs Group, Inc. (The) dropped their price objective on shares of Dixons Carphone plc from GBX 305 ($4.01) to GBX 190 ($2.50) and set a neutral rating for the company in a report on Wednesday, August 30th. Finally, Royal Bank Of Canada cut shares of Dixons Carphone plc to an outperform rating and dropped their price objective for the company from GBX 225 ($2.96) to GBX 215 ($2.83) in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 250.43 ($3.29).



Dixons Carphone plc (LON:DC) traded down GBX 2.80 ($0.04) during trading on Thursday, hitting GBX 152 ($2.00). 8,770,000 shares of the stock were exchanged, compared to its average volume of 7,570,000. Dixons Carphone plc has a twelve month low of GBX 150.60 ($1.98) and a twelve month high of GBX 373.28 ($4.91).

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In related news, insider Katie Bickerstaffe acquired 10,000 shares of Dixons Carphone plc stock in a transaction dated Wednesday, September 6th. The stock was acquired at an average price of GBX 165 ($2.17) per share, for a total transaction of £16,500 ($21,701.96). Also, insider Jock Fyfe Lennox acquired 11,000 shares of Dixons Carphone plc stock in a transaction dated Friday, October 27th. The shares were bought at an average price of GBX 178 ($2.34) per share, with a total value of £19,580 ($25,752.99). Insiders have acquired a total of 98,629 shares of company stock valued at $17,400,478 in the last quarter.

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.

Analyst Recommendations for Dixons Carphone plc (LON:DC)

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