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).