A Director at Dcp Midstream Partners Lp (DCP) is Buying Shares


Today, a Director at Dcp Midstream Partners Lp (DCP), Fred Fowler, bought shares of DCP for $148.3K.

Following this transaction Fred Fowler’s holding in the company was increased by 22.39% to a total of $816.4K.

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DCP’s market cap is $3.57B and the company has a P/E ratio of 24.26. Currently, Dcp Midstream Partners Lp has an average volume of 186.5K.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $31.86, reflecting a 28.6% upside. One of the top 25 analysts, according to TipRanks.com, recently recommended Hold DCP with a $26 price target. Three different firms, including Raymond James and Stifel Nicolaus, currently also have a Buy rating on the stock.

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DCP Midstream LP engages in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling natural gas liquids (NGLs) and condensate; and transporting, storing and selling propane in wholesale markets.

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