Investment analysts at Rothschild & Co Redburn initiated coverage on shares of DPC (NYSE:DPC – Get Free Report) in a note issued to investors on Monday,Benzinga reports. The brokerage set a “buy” rating and a $53.50 price target on the stock. Rothschild & Co Redburn’s price objective would suggest a potential upside of 15.65% from the company’s current price.
Several other equities research analysts have also issued reports on DPC. Jefferies Financial Group started coverage on shares of DPC in a research note on Monday. They issued a “buy” rating and a $56.00 price target on the stock. Morgan Stanley began coverage on DPC in a report on Monday. They issued an “equal weight” rating and a $47.00 price objective for the company. Finally, Wall Street Zen raised DPC to a “hold” rating in a research report on Saturday, July 4th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $52.17.
Check Out Our Latest Stock Report on DPC
DPC Stock Down 0.0%
Insider Transactions at DPC
In other news, Director Stanley A. Deal acquired 16,360 shares of the stock in a transaction dated Friday, June 26th. The shares were bought at an average cost of $33.00 per share, for a total transaction of $539,880.00. Following the purchase, the director directly owned 16,360 shares of the company’s stock, valued at approximately $539,880. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Henry F. Brooks bought 10,604 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was purchased at an average cost of $33.00 per share, for a total transaction of $349,932.00. Following the completion of the acquisition, the director owned 10,604 shares in the company, valued at $349,932. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 2,297,621 shares of company stock valued at $75,821,493.
See Also
- Five stocks we like better than DPC
- Buyback Boom: These 3 Companies Are Betting Billions on Their Own Stocks
- Costco’s Cooling Comp Sales Keep Stock Stuck in Neutral for Now
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
Receive News & Ratings for DPC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DPC and related companies with MarketBeat.com's FREE daily email newsletter.
