Royal Bank of Canada Downgrades DCC (OTCMKTS:DCCPF) to Hold

DCC (OTCMKTS:DCCPF) was downgraded by investment analysts at Royal Bank of Canada from a “moderate buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Separately, UBS Group raised shares of DCC to a “strong-buy” rating in a report on Thursday, December 5th.

DCC Price Performance

DCCPF stock opened at $65.80 on Monday. The business’s 50-day moving average price is $70.79 and its 200-day moving average price is $71.41. DCC has a twelve month low of $65.80 and a twelve month high of $73.38.

DCC Company Profile

DCC plc provides sales, marketing, and support services worldwide. The company operates through DCC Energy, DCC Healthcare, and DCC Technology segments. It sells and markets liquefied petroleum gas (LPG), refrigerants, and natural gas; markets, sells, and retails transport and commercial fuels, heating oils, and related products and services; operates retail petrol stations; resells fuel cards; distributes oil; and provides logistics services.