DPC Holdings PLC (NYSE:DPC) Receives Consensus Rating of “Moderate Buy” from Analysts

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

Several research analysts have weighed in on the company. Zacks Research upgraded DPC to a “hold” rating in a report on Tuesday. Royal Bank Of Canada began coverage on DPC in a report on Monday. They set an “outperform” rating and a $53.00 price objective on the stock. Jefferies Financial Group started coverage on DPC in a research report on Monday. They issued a “buy” rating and a $56.00 price objective for the company. Wall Street Zen upgraded DPC to a “hold” rating in a research note on Saturday, July 4th. Finally, Rothschild & Co Redburn began coverage on DPC in a research report on Monday. They set a “buy” rating and a $53.50 target price on the stock.

Insider Buying and Selling

In related news, Director Stanley A. Deal bought 16,360 shares of the firm’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 $539,880.00. Following the completion of the transaction, the director owned 16,360 shares of the company’s stock, valued at approximately $539,880. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Henry F. Brooks bought 10,604 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average cost of $33.00 per share, for a total transaction of $349,932.00. Following the completion of the transaction, the director directly owned 10,604 shares of the company’s stock, valued at approximately $349,932. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 2,297,621 shares of company stock worth $75,821,493 over the last ninety days.

DPC Stock Performance

Shares of DPC opened at $46.89 on Thursday. DPC has a 1 year low of $42.90 and a 1 year high of $53.50.