Devro Plc Downgraded by Numis Securities Ltd to Hold (DEVOY)
Devro Plc (NASDAQ:DEVOY) was downgraded by Numis Securities Ltd to a “hold” rating in a research note issued on Monday, Analyst Ratings Network reports.
Devro Plc (NASDAQ:DEVOY) remained flat at $8.04 during trading on Monday. The stock has a 50-day moving average of $0. and a 200-day moving average of $0.. The company has a market cap of $669.6 million and a P/E ratio of 12.52.
A number of other analysts have also recently weighed in on DEVOY. Analysts at JPMorgan Chase & Co. downgraded shares of Devro Plc to a “neutral” rating in a research note on Thursday, March 6th. Separately, analysts at Panmure Gordon downgraded shares of Devro Plc from a “hold” rating to a “sell” rating in a research note on Wednesday, March 5th. Finally, analysts at N+1 Singer reiterated a “sell” rating on shares of Devro Plc in a research note on Tuesday, March 4th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. Devro Plc presently has an average rating of “Hold”.
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