Dixons Carphone's mobile sales continue to fall

Bigger is better when it comes to TVs it seems

About 13.22 million shares traded or 37.79% up from the average.

Sales of mobile phones in United Kingdom stores fell 12pc in the 10 weeks to Jan 5 while sales in stores open for more than one year slid 7pc.

Dixons has experienced slumps in mobile phone sales previously which forced the retailer to issue a profit warning, close 92 of its 700 stores in May 2018. They now have a GBX 160.00 target on the firm. About 544,024 shares traded.

The current consensus rating on Dixons Carphone PLC (LON:DC) is Hold with a consensus target price of GBX 196.25 per share, a potential. It has by 0.00% the S&P500. Articles appear on euronews.com for a limited time. Therefore 100% are positive. Dixons Carphone has GBX 220 highest and GBX 200 lowest target. Below is a list of Dixons Carphone plc (LON:DC) latest ratings and price target changes.

Russia Says 'Arbitrary' Israeli Air Strikes on Syria Must Stop
Iran's air force commander on Monday warned that his country ready to fight a war that would end in "Israel's disappearance". Twenty-one military personnel were reported killed by the Syrian Observatory for Human Rights in the Israeli strikes.

Away from the Christmas trading update, reports overnight suggested activist investor Elliott Advisors is looking to acquire a big stake in Dixons Carphone. The stock has "Outperform" rating by RBC Capital Markets on Tuesday, October 16.

There are 5 Hold Ratings, 5 Buy Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock. The company was maintained on Thursday, September 6 by UBS.

Dixons Carphone plc operates as an electrical and telecommunications retailer and service company. The company has market cap of 1.66 billion GBP. The firm operates through four divisions: UK & Ireland, Nordics, Southern Europe, and Connected World Services.Last it reported negative earnings. It now has negative earnings. The iD Mobile service continued its growth with the customer base reaching over 975,000. Olin Corp (NYSE:OLN) was reduced too.

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