Peel Hunt restated their buy rating on shares of Discoverie Group (LON:DSCV) in a report released on Wednesday morning. Peel Hunt currently has a GBX 470 ($6.49) price target on the stock.

DSCV has been the subject of several other research reports. FinnCap reaffirmed a buy rating and set a GBX 405 ($5.60) price objective on shares of Discoverie Group in a report on Tuesday, November 28th. Berenberg Bank started coverage on shares of Discoverie Group in a research note on Tuesday, December 12th. They set a buy rating and a GBX 460 ($6.36) price target on the stock. Finally, Numis Securities cut shares of Discoverie Group to an add rating and set a GBX 445 ($6.15) price target on the stock. in a research note on Thursday, February 1st.

Shares of Discoverie Group (LON DSCV) opened at GBX 378 ($5.22) on Wednesday. The firm has a market cap of $275.67 and a P/E ratio of 3,780.00. Discoverie Group has a fifty-two week low of GBX 212.50 ($2.94) and a fifty-two week high of GBX 401 ($5.54).

In other news, insider Nicholas Jefferies sold 378,156 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of GBX 367 ($5.07), for a total transaction of £1,387,832.52 ($1,917,425.42). Also, insider Bruce Thompson purchased 8,000 shares of the firm’s stock in a transaction dated Friday, March 2nd. The shares were bought at an average cost of GBX 380 ($5.25) per share, for a total transaction of £30,400 ($42,000.55).

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Discoverie Group Company Profile

discoverIE Group PLC, formerly ACAL PLC, designs, manufactures and supplies components for electronic applications. The Company operates through two divisions: Custom Supply and Design & Manufacturing. The Custom Supply division provides technically demanding customized electronic, photonic and medical products to the industrial, medical and healthcare markets, both from a range of international suppliers and from the Company’s Design & Manufacturing division.

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