DPC (NYSE:DPC) Coverage Initiated at Jefferies Financial Group

Stock analysts at Jefferies Financial Group assumed coverage on shares of DPC (NYSE:DPC) in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm set a “buy” rating and a $56.00 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 17.87% from the company’s previous close.

Separately, Wall Street Zen upgraded shares of DPC to a “hold” rating in a research report on Saturday, July 4th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, DPC has an average rating of “Moderate Buy” and a consensus price target of $52.38.

DPC Trading Up 5.4%

NYSE DPC opened at $47.51 on Monday. DPC has a 1 year low of $42.90 and a 1 year high of $53.50.

Insider Activity

In related news, Director Taiwo K. Danmola acquired 60,604 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average cost of $33.00 per share, for a total transaction of $1,999,932.00. Following the completion of the transaction, the director owned 60,604 shares in the company, valued at approximately $1,999,932. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stanley A. Deal acquired 16,360 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average price of $33.00 per share, for a total transaction of $539,880.00. Following the completion of the transaction, the director owned 16,360 shares of the company’s stock, valued at $539,880. The trade was a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 2,297,621 shares of company stock worth $75,821,493.