Analysts Set DPC Holdings PLC (NYSE:DPC) Price Target at $52.38

Shares of DPC Holdings PLC (NYSE:DPC) have been given an average rating of “Moderate Buy” by the five research firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $52.3750.

A number of equities analysts have recently commented on DPC shares. Rothschild & Co Redburn initiated coverage on DPC in a report on Monday, July 20th. They issued a “buy” rating and a $53.50 target price for the company. Wall Street Zen upgraded DPC to a “hold” rating in a report on Saturday, July 4th. Morgan Stanley initiated coverage on shares of DPC in a research note on Monday, July 20th. They set an “equal weight” rating and a $47.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of DPC in a research report on Monday, July 20th. They set a “buy” rating and a $56.00 price objective on the stock. Finally, Royal Bank Of Canada started coverage on shares of DPC in a research note on Monday, July 20th. They issued an “outperform” rating and a $53.00 target price on the stock.

DPC Trading Down 2.2%

Shares of NYSE DPC opened at $44.44 on Thursday. DPC has a 1-year low of $42.50 and a 1-year high of $53.50.

Insider Activity at DPC

In other news, Director Dirkson R. Charles acquired 903,448 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was acquired at an average price of $33.00 per share, with a total value of $29,813,784.00. Following the completion of the purchase, the director directly owned 903,448 shares in the company, valued at approximately $29,813,784. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jason Mays bought 85,973 shares of the company’s stock in a transaction on Friday, June 26th. The shares were acquired 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 directly owned 93,456 shares of the company’s stock, valued at approximately $3,084,048. This trade represents a 1,148.91% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased a total of 2,297,621 shares of company stock worth $75,821,493 in the last three months.