Devro plc (DVO) Given Consensus Recommendation of “Hold” by Brokerages
Devro plc (LON:DVO) has received an average rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating. The average 1 year target price among brokers that have issued a report on the stock in the last year is GBX 199 ($2.62).
Several research firms recently issued reports on DVO. Shore Capital reissued a “hold” rating on shares of Devro plc in a research note on Wednesday, August 2nd. Numis Securities Ltd increased their target price on Devro plc from GBX 209 ($2.75) to GBX 220 ($2.89) and gave the stock a “hold” rating in a research note on Thursday, August 3rd. Finally, Peel Hunt reissued a “hold” rating and set a GBX 205 ($2.70) target price on shares of Devro plc in a research note on Wednesday, August 2nd.
Devro plc (LON:DVO) opened at 238.00 on Monday. The stock’s market cap is GBX 397.34 million. The stock’s 50 day moving average price is GBX 233.07 and its 200 day moving average price is GBX 216.46. Devro plc has a 52 week low of GBX 139.34 and a 52 week high of GBX 246.75.
The business also recently declared a dividend, which was paid on Friday, October 6th. Shareholders of record on Thursday, August 24th were given a GBX 2.70 ($0.04) dividend. This represents a yield of 1.14%. The ex-dividend date of this dividend was Thursday, August 24th.
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In other Devro plc news, insider Peter Page acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, August 2nd. The shares were acquired at an average price of GBX 227 ($2.98) per share, for a total transaction of £22,700 ($29,844.86).
About Devro plc
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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