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,Benzinga reports. The firm set a “buy” rating and a $56.00 price target on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 21.05% from the company’s current price.

Separately, Wall Street Zen upgraded DPC to a “hold” rating in a research report on Saturday, July 4th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $52.17.

DPC Price Performance

NYSE DPC opened at $46.26 on Monday. DPC has a 1-year low of $42.90 and a 1-year high of $53.50.

Insider Buying and Selling

In other DPC news, CEO Michael (Mike) Joseph Quinn bought 435,121 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were bought at an average price of $33.00 per share, for a total transaction of $14,358,993.00. Following the completion of the acquisition, the chief executive officer owned 435,121 shares of the company’s stock, valued at approximately $14,358,993. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Jason Mays bought 85,973 shares of the stock in a transaction dated Friday, June 26th. The stock was acquired at an average price of $33.00 per share, with a total value of $2,837,109.00. Following the completion of the purchase, the chief operating officer owned 93,456 shares of the company’s stock, valued at $3,084,048. This represents a 1,148.91% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 2,297,621 shares of company stock valued at $75,821,493.