Gerard Hoetmer Buys 15,000 Shares of Devro plc (DVO) Stock
Devro plc (LON:DVO) insider Gerard Hoetmer purchased 15,000 shares of the business’s stock in a transaction on Thursday, November 10th. The stock was acquired at an average cost of GBX 178 ($2.20) per share, with a total value of £26,700 ($33,073.21).
Devro plc (LON:DVO) opened at 180.75 on Monday. The firm’s market cap is GBX 301.73 million. Devro plc has a one year low of GBX 168.08 and a one year high of GBX 320.00. The stock has a 50 day moving average price of GBX 229.24 and a 200-day moving average price of GBX 249.75.
A number of research firms have commented on DVO. Numis Securities Ltd lowered shares of Devro plc from a “buy” rating to an “add” rating and set a GBX 209 ($2.59) price objective for the company. in a research note on Friday. Societe Generale reaffirmed a “hold” rating and set a GBX 190 ($2.35) price objective on shares of Devro plc in a research note on Friday. BNP Paribas reaffirmed a “neutral” rating and set a GBX 200 ($2.48) price objective on shares of Devro plc in a research note on Friday. HSBC reaffirmed a “hold” rating and set a GBX 275 ($3.41) price objective on shares of Devro plc in a research note on Thursday, August 4th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 330 ($4.09) price objective on shares of Devro plc in a research note on Wednesday, August 3rd. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 273.43 ($3.39).
About Devro plc
Devro plc is a United Kingdom-based manufacturer of collagen products for the food industry. The Company operates through three segments: Americas, which includes North America and Latin America; Asia-Pacific, which includes Australia, New Zealand, Japan, China and the rest of South East Asia, and Europe, which includes Continental Europe, the United Kingdom, Ireland and Africa.
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