DCC plc with ticker (LON:DCC) now has a potential upside of 29.8% according to Berenberg Bank.
DCC.L
Berenberg Bank set a target price of 7,020 GBX for the company, which when compared to the DCC plc share price of 5,410 GBX at opening today (15/11/2024) indicates a potential upside of 29.8%. Trading has ranged between 4,828 (52 week low) and 6,075 (52 week high) with an average of 250,610 shares exchanging hands daily. The market capitalisation at the time of writing is £5,304,711,885.
DCC plc is an international sales, marketing, and support services group with a focus on sustainable growth. The Company is an entrepreneurial business operating in approximately 22 countries, supplying products and services used by people every day. The Company operates across three divisions: DCC Energy, DCC Healthcare and DCC Technology. DCC Energy comprises Energy Solutions and Energy Mobility. The Energy Solutions business is focused on reducing the complexity of energy transition and delivering energy solutions. The Energy Mobility business is focused on developing multi-energy networks and services for people and businesses on the move. DCC Healthcare comprises DCC Vital and DCC Health & Beauty Solutions. DCC Vital helps to improve patient outcomes by providing medical products that enable practitioners to diagnose and treat illness. DCC Technology acts as an enabler between global technology brands and the people and businesses who use the products.
DCC plc 29.8% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Latest Company News
DCC plans to return up to £600 million through a tender offer allowing shareholders to sell shares within a set price range of £50.20 to £53.20, subject to approval at a December EGM.
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DCC plc has finalised the sale of DCC Technology’s Info Tech business in the UK and Ireland to AURELIUS, following regulatory approval.
DCC has signed a definitive agreement to sell its UK and Ireland Info Tech business to AURELIUS for an enterprise value of around £100 million.
At its AGM today DCC plc will report Q1 to 30 June 2025 operating profit in line with expectations and modestly below last year.
DCC plc (LON:DCC) launches a Share Buyback Programme on 27 May 2025, aimed at repurchasing up to £100 million of shares as part of a capital return strategy.
