Jefferies Financial Group Begins Coverage on DPC (NYSE:DPC)

Investment analysts at Jefferies Financial Group began coverage on shares of DPC (NYSE:DPC) in a research note issued on Monday,Benzinga reports. The brokerage set a “buy” rating and a $56.00 price target on the stock. Jefferies Financial Group’s target price indicates a potential upside of 21.05% from the company’s previous close.

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

DPC Stock Down 0.0%

Shares of DPC stock 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 at DPC

In other news, Director Henry F. Brooks bought 10,604 shares of DPC stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average cost of $33.00 per share, with a total value of $349,932.00. Following the completion of the transaction, the director directly owned 10,604 shares in the company, valued at $349,932. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stanley A. Deal purchased 16,360 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were acquired at an average price of $33.00 per share, for a total transaction of $539,880.00. Following the purchase, the director directly owned 16,360 shares of the company’s stock, valued at approximately $539,880. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 2,297,621 shares of company stock valued at $75,821,493 in the last quarter.