Devro plc’s (DVO) “Hold” Rating Reaffirmed at Shore Capital
Devro plc (LON:DVO)‘s stock had its “hold” rating reaffirmed by investment analysts at Shore Capital in a research note issued to investors on Tuesday.
Several other analysts have also weighed in on DVO. N+1 Singer reaffirmed a “hold” rating and set a GBX 200 ($2.60) price objective on shares of Devro plc in a report on Wednesday, April 26th. Peel Hunt reaffirmed a “hold” rating and set a GBX 205 ($2.67) price objective on shares of Devro plc in a report on Wednesday, August 2nd. Finally, Numis Securities Ltd raised their price objective on shares of Devro plc from GBX 209 ($2.72) to GBX 220 ($2.86) and gave the stock a “hold” rating in a report on Thursday, August 3rd. Six analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus price target of GBX 199 ($2.59).
Shares of Devro plc (LON:DVO) traded up 0.43% during trading on Tuesday, hitting GBX 235.00. The stock had a trading volume of 9,414 shares. The stock’s market cap is GBX 397.36 million. The stock’s 50-day moving average price is GBX 216.38 and its 200 day moving average price is GBX 198.72. Devro plc has a one year low of GBX 139.34 and a one year high of GBX 290.67.
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In related news, insider Peter Page purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was acquired at an average price of GBX 227 ($2.96) per share, with a total value of £22,700 ($29,561.14).
Devro plc Company Profile
Devro plc is a United Kingdom-based manufacturer of collagen products for the food industry. The Company conducts its operations through three segments: Americas, Asia-Pacific and Europe. The Americas segment includes the Company’s operations in North America and Latin America. The Asia-Pacific segment includes the Company’s operations in Australia, New Zealand, Japan, China and the rest of South East Asia.
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