Devro plc Stock Rating Reaffirmed by BNP Paribas (DVO)
Devro plc (LON:DVO)‘s stock had its “outperform” rating reaffirmed by investment analysts at BNP Paribas in a note issued to investors on Monday. They currently have a GBX 300 ($5.03) price target on the stock. BNP Paribas’ target price would suggest a potential upside of 16.73% from the company’s current price.
A number of other analysts have also recently weighed in on DVO. Analysts at Panmure Gordon reiterated a “sell” rating on shares of Devro plc in a research note on Thursday, May 8th. They now have a GBX 175 ($2.93) price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of Devro plc to a “buy” rating in a research note on Thursday, May 1st. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Devro plc from GBX 297 ($4.98) to GBX 240 ($4.02) in a research note on Tuesday, April 29th. They now have a “neutral” rating on the stock. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 259 ($4.34).
Devro plc (LON:DVO) opened at 264.50 on Monday. Devro plc has a one year low of GBX 203.875 and a one year high of GBX 339.90. The stock has a 50-day moving average of GBX 234.8 and a 200-day moving average of GBX 273.7. The company’s market cap is £440.6 million.
Devro plc is a United Kingdom-based company engaged in the production and sale of manufactured casings for the food industry.
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