Dixons Carphone PLC (LON:DC)‘s stock had its “buy” rating reaffirmed by research analysts at HSBC Holdings plc in a research note issued to investors on Thursday, June 29th, MarketBeat Ratings reports. They presently have a GBX 410 ($5.34) target price on the stock. HSBC Holdings plc’s target price would suggest a potential upside of 52.81% from the company’s current price.
Other equities analysts also recently issued reports about the stock. Canaccord Genuity dropped their target price on shares of Dixons Carphone PLC from GBX 440 ($5.73) to GBX 395 ($5.15) and set a “buy” rating for the company in a report on Thursday, May 25th. Investec restated a “buy” rating and set a GBX 405 ($5.28) target price on shares of Dixons Carphone PLC in a report on Wednesday, May 24th. Liberum Capital restated a “buy” rating and set a GBX 430 ($5.60) target price on shares of Dixons Carphone PLC in a report on Wednesday, May 24th. Finally, Deutsche Bank AG reiterated a “buy” rating and set a GBX 420 ($5.47) price target on shares of Dixons Carphone PLC in a report on Friday, April 28th. 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 stock. The stock currently has a consensus rating of “Buy” and a consensus target price of GBX 402.25 ($5.24).
Shares of Dixons Carphone PLC (DC) traded down 0.07% during mid-day trading on Thursday, reaching GBX 268.30. 3,491,124 shares of the company traded hands. The stock’s 50-day moving average is GBX 285.57 and its 200-day moving average is GBX 310.29. Dixons Carphone PLC has a 52 week low of GBX 258.01 and a 52 week high of GBX 391.20. The company’s market capitalization is GBX 3.09 billion.
In related news, insider Lord Livingston bought 19,087 shares of the firm’s stock in a transaction that occurred on Friday, July 14th. The shares were acquired at an average cost of GBX 260 ($3.39) per share, with a total value of £49,626.20 ($64,651.12). Also, insider Andrew Harrison sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of GBX 278 ($3.62), for a total transaction of £2,780,000 ($3,621,677.96).
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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