Discoverie Group’s (DSCV) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Discoverie Group (LON:DSCV) in a research note released on Wednesday morning. The brokerage currently has a GBX 450 ($6.32) target price on the stock.

Several other research firms have also issued reports on DSCV. FinnCap reissued a buy rating and issued a GBX 405 ($5.69) target price on shares of Discoverie Group in a report on Tuesday, November 28th. Berenberg Bank began coverage on shares of Discoverie Group in a report on Tuesday, December 12th. They issued a buy rating and a GBX 460 ($6.46) target price for the company.

Shares of Discoverie Group (LON:DSCV) opened at GBX 382 ($5.36) 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 cap of $270.13 and a PE ratio of 3,820.00.

The company also recently announced a dividend, which was paid on Monday, January 15th. Investors of record on Thursday, December 21st were issued a GBX 2.65 ($0.04) dividend. This represents a yield of 0.78%. The ex-dividend date of this dividend was Thursday, December 21st.

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Discoverie Group Company Profile

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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