Deutsche Bank analyst David Brockton downgraded DCC plc (DCCPF) to Hold from Buy with a price target of 5,500 GBp, down from 6,000 GBp. The firm cites tariff uncertainty, primarily linked to the company’s Technology business, for the downgrade.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DCCPF:
- DCC plc’s Strategic Healthcare Division Sale Boosts Financial Flexibility and Growth Prospects
- DCC plc price target lowered to 5,400 GBp from 6,000 GBp at RBC Capital
- DCC plc Sells Healthcare Division to Focus on Energy Business
- DCC plc’s Leadership Changes and Strategic Realignment Drive Positive Outlook and Buy Rating
- DCC plc Announces Leadership Changes to Drive Energy Strategy