Peel Hunt Boosts Discoverie Group (LON:DSCV) Price Target to GBX 530
Discoverie Group (LON:DSCV) had its target price upped by Peel Hunt from GBX 500 ($6.53) to GBX 530 ($6.93) in a research report released on Friday, ThisIsMoney.Co.Uk reports. The firm currently has a buy rating on the stock.
Other research analysts also recently issued reports about the stock. Berenberg Bank increased their price objective on shares of Discoverie Group from GBX 490 ($6.40) to GBX 520 ($6.79) and gave the company a buy rating in a research note on Thursday, June 20th. FinnCap reiterated a corporate rating on shares of Discoverie Group in a research note on Thursday, July 25th.
LON DSCV opened at GBX 469 ($6.13) on Friday. Discoverie Group has a 12 month low of GBX 324 ($4.23) and a 12 month high of GBX 470 ($6.14). The company has a debt-to-equity ratio of 63.99, a current ratio of 1.87 and a quick ratio of 1.14. The company has a market capitalization of $378.35 million and a price-to-earnings ratio of 24.18. The company’s fifty day moving average price is GBX 431.22 and its two-hundred day moving average price is GBX 427.01.
discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates through two divisions, Design & Manufacturing and Custom Supply. The company also offers technically demanding, customized electronic, photonic, and medical products to the industrial, medical, and healthcare markets.
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