Dixons Carphone (DC) Earns “Buy” Rating from Deutsche Bank

Deutsche Bank reissued their buy rating on shares of Dixons Carphone (LON:DC) in a research note released on Tuesday. Deutsche Bank currently has a GBX 250 ($3.34) price target on the stock.

A number of other brokerages have also issued reports on DC. Citigroup reissued a buy rating and set a GBX 230 ($3.08) target price on shares of Dixons Carphone in a research note on Monday, October 9th. Numis Securities raised shares of Dixons Carphone to an add rating and set a GBX 210 ($2.81) target price for the company in a research note on Thursday, December 14th. Beaufort Securities reaffirmed a hold rating on shares of Dixons Carphone in a research note on Thursday, December 14th. Canaccord Genuity reaffirmed a hold rating and issued a GBX 180 ($2.41) price objective on shares of Dixons Carphone in a research note on Wednesday, December 13th. Finally, BNP Paribas reaffirmed an underperform rating and issued a GBX 150 ($2.01) price objective on shares of Dixons Carphone in a research note on Monday, October 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of GBX 228.73 ($3.06).

Dixons Carphone (DC) opened at GBX 203 ($2.71) on Tuesday. Dixons Carphone has a 1 year low of GBX 145.72 ($1.95) and a 1 year high of GBX 358.50 ($4.79). The stock has a market capitalization of $2,340.00 and a price-to-earnings ratio of 966.67.

The firm also recently announced a dividend, which will be paid on Friday, January 26th. Investors of record on Thursday, December 28th will be paid a dividend of GBX 3.50 ($0.05) per share. This represents a yield of 1.85%. The ex-dividend date is Thursday, December 28th.

In other Dixons Carphone news, insider Jock Fyfe Lennox bought 11,000 shares of the firm’s stock in a transaction that occurred on Friday, October 27th. The stock was purchased at an average price of GBX 178 ($2.38) per share, for a total transaction of £19,580 ($26,179.97).

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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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