DCC (OTCMKTS:DCCPF) rating downgraded to sell at Zacks Investment Research

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DCC (OTCMKTS: DCCPF – Get Assessment) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report released on Monday, Zacks.com reports.

According to Zacks, “DCC Public Limited Company provides sales, marketing, distribution and business support services. It serves the energy, information and entertainment technology, healthcare, environmental services, and food and beverage industries. DCC Public Limited Company is headquartered in Dublin, Ireland. “

DCCPF has been the subject of a number of other research reports. JPMorgan Chase & Co. raised its price target on DCC from 7,000 GBX ($88.08) to 7,500 GBX ($94.38) in a Wednesday, May 18 report. Morgan Stanley cut its price target on DCC from 8,160 GBX ($102.68) to 7,855 GBX ($98.84) in a report on Friday. Two analysts gave the stock a sell rating and three gave the company a buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $5,150.33.

Shares of DCC were flat at $74.93 in midday trading on Monday. The company had a trading volume of 5 shares, compared to an average volume of 1,514 shares. The company’s 50-day moving average is $78.16 and its 200-day moving average is $80.06. CDC has a one-year low of $74.93 and a one-year high of $87.61.

About DCC (Get a rating)

DCC plc provides worldwide sales, marketing and support services. The Company’s DCC LPG segment sells and markets liquefied petroleum gas (LPG), refrigerants and natural gas. This segment serves approximately 0.9 million customers. Its DCC Retail & Oil segment markets, sells and retails transportation and commercial fuels, heating oils and related products and services; operates retail gas stations; resells fuel cards; distributes oil; and provides inbound logistics, storage and refill, and outbound logistics services.

Further reading

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