Shore Capital reiterated their hold rating on shares of Devro plc (LON:DVO) in a research note published on Tuesday morning.
A number of other brokerages have also weighed in on DVO. Numis Securities Ltd lifted their price target on shares of Devro plc from GBX 209 ($2.72) to GBX 220 ($2.86) and gave the company a hold rating in a research note on Thursday, August 3rd. Peel Hunt reaffirmed a hold rating and issued a GBX 205 ($2.67) price target on shares of Devro plc in a research note on Wednesday, August 2nd. Finally, N+1 Singer reaffirmed a hold rating and issued a GBX 200 ($2.60) price target on shares of Devro plc in a research note on Wednesday, April 26th. Six analysts have rated the stock with a hold rating, The company presently has an average rating of Hold and a consensus price target of GBX 199 ($2.59).
Devro plc (DVO) opened at 232.75 on Tuesday. The firm has a 50-day moving average of GBX 217.92 and a 200 day moving average of GBX 199.61. The firm’s market cap is GBX 388.57 million. Devro plc has a 1-year low of GBX 139.34 and a 1-year high of GBX 262.75.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://stocknewstimes.com/2017/08/11/shore-capital-reaffirms-hold-rating-for-devro-plc-londvo.html.
The firm also recently disclosed a dividend, which will be paid on Friday, October 6th. Stockholders of record on Thursday, August 24th will be issued a GBX 2.70 ($0.04) dividend. The ex-dividend date is Thursday, August 24th. This represents a dividend yield of 1.14%.
In other Devro plc news, insider Peter Page acquired 10,000 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were bought at an average cost of GBX 227 ($2.96) per share, for a total transaction of £22,700 ($29,561.14).
About Devro plc
Devro plc is a United Kingdom-based manufacturer of collagen products for the food industry. The Company conducts its operations through three segments: Americas, Asia-Pacific and Europe. The Americas segment includes the Company’s operations in North America and Latin America. The Asia-Pacific segment includes the Company’s operations in Australia, New Zealand, Japan, China and the rest of South East Asia.
Receive News & Ratings for Devro plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Devro plc and related companies with MarketBeat.com's FREE daily email newsletter.
