Berenberg Bank Cuts Dialight Plc (DIA) Price Target to GBX 530

Dialight Plc (LON:DIA) had its price target reduced by Berenberg Bank from GBX 620 ($8.18) to GBX 530 ($6.99) in a report published on Wednesday morning. They currently have a sell rating on the stock.

Separately, Peel Hunt lowered their target price on Dialight Plc from GBX 920 ($12.14) to GBX 720 ($9.50) and set a hold rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 724.80 ($9.56).

Dialight Plc (LON:DIA) opened at 640.00 on Wednesday. Dialight Plc has a 12 month low of GBX 615.50 and a 12 month high of GBX 1,115.00. The firm has a 50-day moving average price of GBX 756.39 and a 200 day moving average price of GBX 909.77. The company’s market capitalization is GBX 208.07 million.

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About Dialight Plc

Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.

Analyst Recommendations for Dialight Plc (LON:DIA)

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