Canaccord Genuity Reaffirms Hold Rating for Dixons Carphone (DC)

Canaccord Genuity reiterated their hold rating on shares of Dixons Carphone (LON:DC) in a research report released on Wednesday morning. They currently have a GBX 180 ($2.42) target price on the stock.

A number of other research analysts have also recently weighed in on the stock. Deutsche Bank restated a buy rating and set a GBX 340 ($4.58) target price on shares of Dixons Carphone in a research note on Friday, September 8th. Investec upgraded shares of Dixons Carphone to a buy rating and set a GBX 185 ($2.49) target price on the stock in a research note on Thursday, November 9th. BNP Paribas restated an underperform rating and set a GBX 150 ($2.02) target price on shares of Dixons Carphone in a research note on Monday, October 30th. Goldman Sachs Group lowered their target price on shares of Dixons Carphone from GBX 305 ($4.10) to GBX 190 ($2.56) and set a neutral rating on the stock in a research note on Wednesday, August 30th. Finally, Credit Suisse Group restated an outperform rating and set a GBX 280 ($3.77) target price on shares of Dixons Carphone in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have given a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 228.73 ($3.08).

Dixons Carphone (LON DC) opened at GBX 189.60 ($2.55) on Wednesday. Dixons Carphone has a one year low of GBX 145.72 ($1.96) and a one year high of GBX 359 ($4.83).

In related news, insider Jock Fyfe Lennox purchased 11,000 shares of the firm’s stock in a transaction on Friday, October 27th. The shares were acquired at an average price of GBX 178 ($2.40) per share, for a total transaction of £19,580 ($26,352.62).

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About Dixons Carphone

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 (LON:DC)

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