FinnCap Reiterates Buy Rating for Discoverie Group (DSCV)

Discoverie Group (LON:DSCV)‘s stock had its “buy” rating reaffirmed by FinnCap in a research report issued on Wednesday. They currently have a GBX 405 ($5.69) price target on the stock. FinnCap’s price target would suggest a potential upside of 5.19% from the stock’s current price.

A number of other research firms have also recently commented on DSCV. Peel Hunt reiterated a “buy” rating and set a GBX 450 ($6.32) target price on shares of Discoverie Group in a research report on Tuesday, January 23rd. Berenberg Bank initiated coverage on Discoverie Group in a report on Tuesday, December 12th. They set a “buy” rating and a GBX 460 ($6.46) price target on the stock.

Shares of Discoverie Group (LON DSCV) opened at GBX 385 ($5.41) on Wednesday. Discoverie Group has a 52-week low of GBX 210 ($2.95) and a 52-week high of GBX 401 ($5.63). The company has a market capitalization of $272.25 and a PE ratio of 3,850.00.

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About Discoverie Group

Acal plc designs, manufactures, and distributes customer specific electronic components and solutions to customers in the transportation, medical, renewable energy, industrial, communications, and defense sectors worldwide. The company operates through two divisions, Custom Distribution and Design & Manufacturing.

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