DPC Holdings PLC (NYSE:DPC) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of DPC Holdings PLC (NYSE:DPC) have been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $52.3750.

Several research analysts recently issued reports on the company. Morgan Stanley started coverage on DPC in a research report on Monday, July 20th. They set an “equal weight” rating and a $47.00 target price on the stock. Rothschild & Co Redburn initiated coverage on DPC in a research note on Monday, July 20th. They set a “buy” rating and a $53.50 price objective on the stock. Jefferies Financial Group initiated coverage on DPC in a research note on Monday, July 20th. They set a “buy” rating and a $56.00 price objective on the stock. Wall Street Zen raised shares of DPC to a “hold” rating in a report on Saturday, July 4th. Finally, Royal Bank Of Canada started coverage on shares of DPC in a research note on Monday, July 20th. They issued an “outperform” rating and a $53.00 target price for the company.

DPC Stock Performance

NYSE:DPC opened at $48.92 on Thursday. DPC has a one year low of $42.90 and a one year high of $53.50.

Insider Buying and Selling at DPC

In other news, Director Dirkson R. Charles purchased 903,448 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were acquired at an average cost of $33.00 per share, for a total transaction of $29,813,784.00. Following the completion of the acquisition, the director owned 903,448 shares in the company, valued at $29,813,784. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jason Mays acquired 85,973 shares of DPC stock in a transaction on Friday, June 26th. The stock was purchased at an average cost of $33.00 per share, with a total value of $2,837,109.00. Following the completion of the transaction, the chief operating officer directly owned 93,456 shares in the company, valued at $3,084,048. This represents a 1,148.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders bought 2,297,621 shares of company stock valued at $75,821,493 in the last quarter.