Dixons Carphone PLC (LON:DC) Given “Outperform” Rating at Credit Suisse Group

Credit Suisse Group restated their outperform rating on shares of Dixons Carphone PLC (LON:DC) in a research report sent to investors on Friday, July 21st.

A number of other brokerages have also recently weighed in on DC. Barclays PLC began coverage on Dixons Carphone PLC in a research report on Thursday, March 30th. They issued an overweight rating and a GBX 370 ($4.82) price target for the company. BNP Paribas decreased their price objective on Dixons Carphone PLC from GBX 385 ($5.01) to GBX 355 ($4.62) and set an outperform rating on the stock in a research note on Monday, April 3rd. Deutsche Bank AG reaffirmed a buy rating and set a GBX 420 ($5.47) price objective on shares of Dixons Carphone PLC in a research note on Friday, April 28th. Royal Bank Of Canada reaffirmed a top pick rating and set a GBX 400 ($5.21) price objective on shares of Dixons Carphone PLC in a research note on Wednesday, April 26th. Finally, HSBC Holdings plc reaffirmed a buy rating and set a GBX 450 ($5.86) price objective on shares of Dixons Carphone PLC in a research note on Monday, April 24th. Three research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 402.25 ($5.24).

Shares of Dixons Carphone PLC (DC) traded down 0.19% on Friday, reaching GBX 265.70. 1,713,307 shares of the company’s stock traded hands. Dixons Carphone PLC has a 12-month low of GBX 258.01 and a 12-month high of GBX 391.20. The stock has a 50-day moving average price of GBX 275.85 and a 200-day moving average price of GBX 305.18. The company’s market cap is GBX 3.06 billion.

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

In related news, insider Lord Livingston acquired 19,087 shares of Dixons Carphone PLC stock in a transaction that occurred on Friday, July 14th. The stock was acquired at an average price of GBX 260 ($3.39) per share, for a total transaction of £49,626.20 ($64,625.86). Also, insider Andrew Harrison sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The shares were sold at an average price of GBX 278 ($3.62), for a total value of £2,780,000 ($3,620,263.06).

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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