Devro plc (DVO) Insider Rutger Helbing Purchases 246 Shares
Devro plc (LON:DVO) insider Rutger Helbing acquired 246 shares of the stock in a transaction that occurred on Wednesday, November 23rd. The stock was purchased at an average price of GBX 165 ($2.06) per share, for a total transaction of £405.90 ($507.12).
Devro plc (LON:DVO) traded up 2.05% during mid-day trading on Wednesday, hitting GBX 161.75. 342,360 shares of the stock traded hands. Devro plc has a 12 month low of GBX 157.25 and a 12 month high of GBX 320.00. The stock’s 50 day moving average is GBX 216.36 and its 200-day moving average is GBX 244.42. The company’s market cap is GBX 270.01 million.
A number of research analysts have weighed in on DVO shares. HSBC reissued a “hold” rating and issued a GBX 275 ($3.44) target price on shares of Devro plc in a research note on Thursday, August 4th. Numis Securities Ltd lowered shares of Devro plc from a “buy” rating to an “add” rating and set a GBX 209 ($2.61) target price on the stock. in a research note on Friday, November 11th. BNP Paribas decreased their target price on shares of Devro plc from GBX 275 ($3.44) to GBX 255 ($3.19) and set a “neutral” rating on the stock in a research note on Thursday, August 4th. Societe Generale reissued a “hold” rating and issued a GBX 190 ($2.37) target price on shares of Devro plc in a research note on Friday, November 11th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 330 ($4.12) target price on shares of Devro plc in a research note on Wednesday, August 3rd. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 252 ($3.15).
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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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