Discoverie Group (DSCV) Rating Reiterated by Peel Hunt

Discoverie Group (LON:DSCV)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a research note issued to investors on Monday.

Several other research firms also recently commented on DSCV. FinnCap boosted their price objective on Discoverie Group from GBX 405 ($5.69) to GBX 456 ($6.40) and gave the company a “corporate” rating in a report on Friday, February 9th. Numis Securities restated an “add” rating and set a GBX 455 ($6.39) price objective on shares of Discoverie Group in a report on Friday, March 16th. Finally, Berenberg Bank boosted their price objective on Discoverie Group from GBX 460 ($6.46) to GBX 475 ($6.67) and gave the company a “buy” rating in a report on Monday, February 26th.

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LON DSCV opened at GBX 410.51 ($5.76) on Monday. Discoverie Group has a 52 week low of GBX 215 ($3.02) and a 52 week high of GBX 401 ($5.63).

In related news, insider Nicholas Jefferies sold 378,156 shares of the company’s stock in a transaction on Wednesday, February 7th. The stock was sold at an average price of GBX 367 ($5.15), for a total transaction of £1,387,832.52 ($1,948,108.53). Also, insider Bruce Thompson purchased 8,000 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were bought at an average price of GBX 380 ($5.33) per share, with a total value of £30,400 ($42,672.66).

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About Discoverie Group

discoverIE Group 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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