Devro plc (DVO) Insider Paul Nigel Withers Purchases 20,000 Shares
Devro plc (LON:DVO) insider Paul Nigel Withers bought 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 14th. The shares were acquired at an average price of GBX 183 ($2.29) per share, with a total value of £36,600 ($45,727.14).
Devro plc (LON:DVO) opened at 181.01 on Tuesday. The stock has a 50 day moving average price of GBX 227.26 and a 200-day moving average price of GBX 248.74. The firm’s market cap is GBX 302.17 million. Devro plc has a 12-month low of GBX 168.08 and a 12-month high of GBX 320.00.
Several equities research analysts recently weighed in on the company. Numis Securities Ltd cut Devro plc from a “buy” rating to an “add” rating and set a GBX 209 ($2.61) target price for the company. in a research note on Friday. Societe Generale restated a “hold” rating and set a GBX 190 ($2.37) target price on shares of Devro plc in a research note on Friday. BNP Paribas restated a “neutral” rating and set a GBX 200 ($2.50) target price on shares of Devro plc in a research note on Friday. HSBC restated a “hold” rating and set a GBX 275 ($3.44) target price on shares of Devro plc in a research note on Thursday, August 4th. Finally, Peel Hunt restated a “buy” rating and set a GBX 330 ($4.12) target price on shares of Devro plc in a research note on Wednesday, August 3rd. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 273.43 ($3.42).
Devro plc Company Profile
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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