N+1 Singer Lowers Dialight Price Target to GBX 1,227 (DIA)
Stock analysts at N+1 Singer decreased their price objective on shares of Dialight (LON:DIA) from GBX 1,370 ($22.59) to GBX 1,227 ($20.23) in a report issued on Friday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. N+1 Singer’s target price would suggest a potential upside of 43.85% from the stock’s previous close.
Dialight (LON:DIA) traded down 0.70% during mid-day trading on Friday, hitting GBX 847.00. The stock had a trading volume of 27,393 shares. Dialight has a one year low of GBX 789.50 and a one year high of GBX 1419.00. The stock has a 50-day moving average of GBX 883.9 and a 200-day moving average of GBX 1101.. The company’s market cap is £272.3 million.
A number of other firms have also recently commented on DIA. Analysts at Kempen & Co upgraded shares of Dialight to a “buy” rating in a research note to investors on Wednesday, November 20th. They now have a GBX 1,190 ($19.62) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Dialight in a research note to investors on Thursday, November 7th. They now have a GBX 1,450 ($23.91) price target on the stock. Finally, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Dialight in a research note to investors on Thursday, November 7th. They now have a GBX 1,370 ($22.59) price target on the stock. Six research analysts have rated the stock with a buy rating, Dialight has an average rating of “Buy” and an average price target of GBX 1,284.40 ($21.18).
Dialight plc is a light emitting diodes (LON:DIA) solution provider worldwide.
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