DPC (NYSE:DPC) Now Covered by Analysts at Rothschild & Co Redburn

Rothschild & Co Redburn assumed coverage on shares of DPC (NYSE:DPC) in a report issued on Monday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $53.50 target price on the stock.

A number of other equities analysts have also issued reports on DPC. Jefferies Financial Group started coverage on DPC in a research report on Monday. They issued a “buy” rating and a $56.00 target price on the stock. Wall Street Zen raised shares of DPC to a “hold” rating in a research report on Saturday, July 4th. Finally, Morgan Stanley began coverage on shares of DPC in a research note on Monday. They issued an “equal weight” rating and a $47.00 price target for the company. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, DPC has an average rating of “Moderate Buy” and a consensus price target of $52.38.

DPC Price Performance

Shares of NYSE DPC opened at $45.40 on Monday. DPC has a fifty-two week low of $42.90 and a fifty-two week high of $53.50.

Insiders Place Their Bets

In other news, CFO David John Egan purchased 275,363 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were acquired at an average cost of $33.00 per share, with a total value of $9,086,979.00. Following the transaction, the chief financial officer owned 294,529 shares in the company, valued at approximately $9,719,457. The trade was a 1,436.73% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stanley A. Deal acquired 16,360 shares of DPC stock in a transaction that occurred on Friday, June 26th. The shares were purchased at an average price of $33.00 per share, for a total transaction of $539,880.00. Following the completion of the purchase, the director directly owned 16,360 shares of the company’s stock, valued at $539,880. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders purchased 2,297,621 shares of company stock worth $75,821,493.