DPC (NYSE:DPC) Now Covered by Royal Bank Of Canada

Royal Bank Of Canada began coverage on shares of DPC (NYSE:DPC) in a report published on Monday, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $53.00 target price on the stock.

Several other research firms also recently weighed in on DPC. Morgan Stanley initiated coverage on shares of DPC in a research report on Monday. They issued an “equal weight” rating and a $47.00 target price on the stock. Jefferies Financial Group began coverage on shares of DPC in a research report on Monday. They issued a “buy” rating and a $56.00 price target for the company. Rothschild & Co Redburn began coverage on shares of DPC in a research note on Monday. They issued a “buy” rating and a $53.50 price objective for the company. Finally, Wall Street Zen upgraded shares of DPC to a “hold” rating in a research report on Saturday, July 4th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $52.38.

DPC Price Performance

DPC stock opened at $45.40 on Monday. DPC has a one year low of $42.90 and a one year high of $53.50.

Insider Transactions at DPC

In related news, CFO David John Egan bought 275,363 shares of the business’s stock in a transaction on Friday, June 26th. The stock was bought at an average price of $33.00 per share, for a total transaction of $9,086,979.00. Following the transaction, the chief financial officer directly owned 294,529 shares in the company, valued at $9,719,457. This represents a 1,436.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Jason Mays bought 85,973 shares of the business’s stock in a transaction on Friday, June 26th. The stock was bought at an average price of $33.00 per share, with a total value of $2,837,109.00. Following the transaction, the chief operating officer owned 93,456 shares in the company, valued at approximately $3,084,048. This represents a 1,148.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 2,297,621 shares of company stock worth $75,821,493.