Dixons Carphone PLC (LON:DC) has been given a consensus recommendation of “Buy” by the seventeen brokerages that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 345.80 ($4.49).
A number of equities research analysts have recently weighed in on DC shares. Credit Suisse Group lowered their target price on Dixons Carphone PLC from GBX 420 ($5.45) to GBX 400 ($5.19) and set an “outperform” rating for the company in a research note on Monday, July 3rd. Deutsche Bank AG reissued a “buy” rating and issued a GBX 420 ($5.45) target price on shares of Dixons Carphone PLC in a research note on Wednesday, June 7th. Barclays PLC boosted their target price on Dixons Carphone PLC from GBX 370 ($4.80) to GBX 400 ($5.19) and gave the company an “overweight” rating in a research note on Thursday, June 29th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 350 ($4.54) target price on shares of Dixons Carphone PLC in a research note on Thursday, May 25th. Finally, Liberum Capital reissued an “under review” rating on shares of Dixons Carphone PLC in a research note on Thursday.
Dixons Carphone PLC (LON DC) opened at 182.50 on Friday. The company’s market capitalization is GBX 2.10 billion. The company has a 50 day moving average price of GBX 257.50 and a 200-day moving average price of GBX 298.86. Dixons Carphone PLC has a 12-month low of GBX 155.40 and a 12-month high of GBX 391.20.
The company also recently announced a dividend, which will be paid on Friday, September 22nd. Stockholders of record on Thursday, August 24th will be given a GBX 7.75 ($0.10) dividend. This represents a dividend yield of 2.64%. The ex-dividend date is Thursday, August 24th.
In other news, insider Fiona McBain bought 19,129 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was purchased at an average price of GBX 182 ($2.36) per share, with a total value of £34,814.78 ($45,196.39). Also, insider Andrew Harrison sold 1,000,000 shares of the stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of GBX 278 ($3.61), for a total value of £2,780,000 ($3,608,983.51).
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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