DPC Offers 'Attractive' Exposure to Gas Turbine, Aerospace Cycles, RBC Says

MT Newswires Live07-20

DPC Holdings (DPC) offers "attractive" exposure to supercycles in industrial gas turbine and commercial aerospace markets, RBC Capital Markets said Monday in a report.

The company generated 42% of its 2025 revenue from gas turbines and 35% from aerospace, with about 70% of revenue from long-term agreements, RBC said. DPC's $930 million backlog supports more than 12 months of castings demand for the gas turbine and aerospace sectors, the report said.

RBC cites "a clear path to upside" through DPC's volume growth, pricing benefits, and experienced management.

RBC initiated coverage of DPC stock with an outperform rating and a $53 price target.

Price: 46.14, Change: -0.13, Percent Change: -0.28

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment