Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
DCC plc ( (GB:DCC) ) has issued an update.
DCC plc has announced the acquisition of FLAGA GmbH, a leading distributor of liquid gas in Austria, and the AvantiGas liquid gas cylinder business in the UK, both from UGI International, LLC. These acquisitions are part of DCC’s strategy to expand its liquid gas business in new and existing geographies, marking its entry into the Austrian market and strengthening its position in the UK. The acquisition of FLAGA, valued at approximately €55 million, is expected to generate a mid-teen return on capital employed in the first year. These strategic moves align with DCC’s growth priorities in providing lower-carbon energy solutions and enhancing its leadership in the energy solutions market.
The most recent analyst rating on (GB:DCC) stock is a Hold with a £5156.00 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. Technical indicators suggest a neutral market sentiment, while valuation metrics indicate moderate attractiveness with a strong dividend yield. The absence of earnings call and corporate events data limits further insights.
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 and listed on the London Stock Exchange, DCC is a constituent of the FTSE 100. In the financial year ending 31 March 2025, DCC generated revenues of £18.0 billion and adjusted operating profit of £617.5 million, maintaining a strong growth record over 31 years as a public company.
Average Trading Volume: 290,164
Technical Sentiment Signal: Sell
Current Market Cap: £4.53B
For an in-depth examination of DCC stock, go to TipRanks’ Overview page.