Discoverie Group (LON:DSCV) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their buy rating on shares of Discoverie Group (LON:DSCV) in a report issued on Tuesday, January 23rd. They currently have a GBX 450 ($6.22) price target on the stock.

Several other analysts have also recently commented on DSCV. FinnCap restated a buy rating and issued a GBX 405 ($5.60) price target on shares of Discoverie Group in a report on Tuesday, November 28th. Berenberg Bank began coverage on Discoverie Group in a report on Tuesday, December 12th. They issued a buy rating and a GBX 460 ($6.36) price target for the company.

Discoverie Group (DSCV) traded up GBX 4 ($0.06) on Tuesday, reaching GBX 385 ($5.32). The company’s stock had a trading volume of 44,976 shares, compared to its average volume of 94,911. The stock has a market cap of $268.72 and a PE ratio of 3,850.00. Discoverie Group has a 52 week low of GBX 210 ($2.90) and a 52 week high of GBX 401 ($5.54).

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

In other news, insider Nicholas Jefferies sold 378,156 shares of the business’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of GBX 367 ($5.07), for a total transaction of £1,387,832.52 ($1,917,425.42).

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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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