Today, Peel Hunt Reiterates “Buy” Rating for Devro plc (DVO)

Today, Peel Hunt Reiterates “Buy” Rating for Devro plc (DVO)
Peel Hunt reaffirmed their buy rating on shares of Devro plc (LON:DVO) in a report issued on Monday. Peel Hunt currently has a GBX 180 ($2.25) price target on the stock.

A number of other brokerages also recently commented on DVO. BNP Paribas lowered their price objective on Devro plc from GBX 275 ($3.44) to GBX 255 ($3.19) and set a neutral rating for the company in a research report on Thursday, August 4th. Societe Generale lowered their price objective on Devro plc from GBX 330 ($4.12) to GBX 280 ($3.50) and set a hold rating for the company in a research report on Thursday, August 4th. HSBC reissued a hold rating and set a GBX 275 ($3.44) price objective on shares of Devro plc in a research report on Thursday, August 4th. Finally, Numis Securities Ltd reissued a buy rating and set a GBX 293 ($3.66) price objective on shares of Devro plc in a research report on Tuesday, August 9th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of Hold and an average price target of GBX 252 ($3.15).

Devro plc (LON:DVO) opened at 159.25 on Monday. The stock’s market capitalization is GBX 265.84 million. The firm’s 50-day moving average is GBX 211.72 and its 200-day moving average is GBX 243.04. Devro plc has a 52-week low of GBX 157.25 and a 52-week high of GBX 320.00.

In other news, insider Paul Nigel Withers acquired 20,000 shares of Devro plc stock in a transaction on Monday, November 14th. The stock was bought at an average price of GBX 183 ($2.29) per share, for a total transaction of £36,600 ($45,727.14). Also, insider Rutger Helbing acquired 246 shares of Devro plc stock in a transaction on Wednesday, November 23rd. The stock was purchased at an average price of GBX 165 ($2.06) per share, with a total value of £405.90 ($507.12).

Related posts

Leave a Comment