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DCC plc ( (GB:DCC) ) has shared an update.
DCC plc has completed the sale of its healthcare division, marking a significant step in its strategy to simplify operations and focus on its energy business, which is its largest and most profitable division. The company plans to return £800 million from the sale to shareholders, with a £100 million share buyback already underway and a £600 million tender offer expected to be completed by December. This move aligns with DCC’s focus on delivering sustainable, long-term value for shareholders and stakeholders.
The most recent analyst rating on (GB:DCC) stock is a Hold with a £5201.00 price target. To see the full list of analyst forecasts on DCC plc stock, see the GB:DCC Stock Forecast page.
Spark’s Take on GB:DCC Stock
According to Spark, TipRanks’ AI Analyst, GB:DCC is a Neutral.
DCC plc’s overall stock score reflects stable financial performance with challenges in revenue and profit growth, balanced technical indicators, and a relatively high valuation offset by a strong dividend yield. The lack of significant market momentum and high P/E ratio are notable risks.
To see Spark’s full report on GB:DCC stock, click here.
More about DCC plc
DCC plc is a customer-focused energy business specializing in the sales, marketing, and distribution of secure, cleaner, and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, it is listed on the London Stock Exchange and is a constituent of the FTSE 100. In the financial year ending 31 March 2025, DCC generated revenues of £18.0 billion and an adjusted operating profit of £617.5 million, maintaining a strong record of growth and returns.
Average Trading Volume: 273,170
Technical Sentiment Signal: Sell
Current Market Cap: £4.6B
Learn more about DCC stock on TipRanks’ Stock Analysis page.