Dixons Carphone PLC (DC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Dixons Carphone PLC (LON:DC) have earned an average recommendation of “Hold” from the thirteen ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 196.67 ($2.57).

DC has been the subject of several analyst reports. Deutsche Bank reiterated a “buy” rating on shares of Dixons Carphone in a research report on Friday, September 7th. Royal Bank of Canada lowered their price objective on Dixons Carphone from GBX 250 ($3.27) to GBX 200 ($2.61) and set an “outperform” rating for the company in a research report on Tuesday, October 16th. Finally, UBS Group reiterated a “buy” rating and issued a GBX 220 ($2.87) price objective on shares of Dixons Carphone in a research report on Thursday, September 6th.

Shares of Dixons Carphone stock opened at GBX 161.55 ($2.11) on Monday. Dixons Carphone has a fifty-two week low of GBX 145.72 ($1.90) and a fifty-two week high of GBX 349.60 ($4.57).

In other news, insider Alex Baldock purchased 100,000 shares of the firm’s stock in a transaction on Friday, September 7th. The shares were bought at an average cost of GBX 161 ($2.10) per share, for a total transaction of £161,000 ($210,375.02).

Dixons Carphone Company Profile

Dixons Carphone plc operates as an electrical and telecommunications retailer and service company. The company operates through three segments: UK & Ireland, Nordics, and Greece. It offers various products and services, including consumer electricals and mobile phones under the Carphone Warehouse and CurrysPCWorld Carphone Warehouse brands; computing products and services to business to business customers under the PC World Business brand; travelling services with stores at airports under the Dixons Travel brand; and services under the Team Knowhow brand.

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Analyst Recommendations for Dixons Carphone (LON:DC)

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