DPC (NYSE:DPC) Upgraded at Zacks Research

Zacks Research upgraded shares of DPC (NYSE:DPC) to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

Other equities analysts have also issued reports about the company. Wall Street Zen raised DPC to a “hold” rating in a report on Saturday, July 4th. Rothschild & Co Redburn initiated coverage on DPC in a research note on Monday. They set a “buy” rating and a $53.50 target price on the stock. Royal Bank Of Canada initiated coverage on DPC in a research report on Monday. They set an “outperform” rating and a $53.00 price target for the company. Jefferies Financial Group started coverage on DPC in a research note on Monday. They issued a “buy” rating and a $56.00 price target for the company. Finally, Morgan Stanley initiated coverage on DPC in a report on Monday. They set an “equal weight” rating and a $47.00 price target on the stock. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $52.38.

DPC Stock Performance

Shares of NYSE:DPC opened at $48.91 on Tuesday. DPC has a 52 week low of $42.90 and a 52 week high of $53.50.

Insider Buying and Selling at DPC

In other DPC news, Director Dirkson R. Charles purchased 903,448 shares of the company’s stock in a transaction on Friday, June 26th. The shares were purchased at an average cost of $33.00 per share, for a total transaction of $29,813,784.00. Following the completion of the transaction, the director owned 903,448 shares in the company, valued at $29,813,784. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Nick Sanders purchased 288,213 shares of the business’s stock in a transaction on Friday, June 26th. The stock was acquired at an average cost of $33.00 per share, with a total value of $9,511,029.00. Following the completion of the acquisition, the director directly owned 288,213 shares in the company, valued at $9,511,029. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have purchased 2,297,621 shares of company stock valued at $75,821,493.