BNP Paribas Downgrades Dixons Carphone (DSITF) to Underperform

Bruno Cirelli
Agosto 14, 2017

Liberum Capital's price objective would suggest a potential upside of 74.30% from the stock's current price. Numis Securities Ltd reiterated a "hold" rating and set a GBX 350 ($4.56) target price on shares of Dixons Carphone PLC in a research report on Thursday, May 25th. Canaccord Genuity dropped their price objective on Dixons Carphone PLC from GBX 440 ($5.73) to GBX 395 ($5.14) and set a "buy" rating on the stock in a research report on Thursday, May 25th. HSBC Holdings plc restated a "buy" rating and issued a GBX 430 ($5.60) price target on shares of Dixons Carphone PLC in a research report on Wednesday, June 7th.

BNP Paribas cut shares of Dixons Carphone (OTCMKTS:DSITF) from a neutral rating to an underperform rating in a research note published on Friday, Marketbeat reports.

In other Dixons Carphone PLC news, insider Lord Livingston purchased 19,087 shares of the company's stock in a transaction that occurred on Friday, July 14th. 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 company. The company has an average rating of "Buy" and an average target price of GBX 402.25 ($5.24).

Yesterday Dixons Carphone (LON:DC) traded -7.15% lower at 248.50GBX. The stock's 50 day moving average price is $3.73 and its 200-day moving average price is $3.87.

Dixons Carphone has a 52 week low of 241.70GBX and a 52 week high of 391.20GBX with a P/E ratio of 9.67 The company's market cap is now 0 GBX.

COPYRIGHT VIOLATION NOTICE: This piece of content was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another site, it was illegally stolen and republished in violation of United States & global copyright and trademark laws. The correct version of this piece of content can be viewed at https://theolympiareport.com/2017/08/14/dixons-carphone-plc-dc-earns-buy-rating-from-liberum-capital-updated.html. The stock was sold at an average price of GBX 278 ($3.62), for a total transaction of £2,780,000 ($3,620,263.06). Its service brands include KNOWHOW in the United Kingdom, Ireland and the Nordics, and Geek Squad in the United Kingdom, Ireland and Spain.

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