Peel Hunt Reaffirms Hold Rating for Dialight (LON:DIA)

Peel Hunt reaffirmed their hold rating on shares of Dialight (LON:DIA) in a research report report published on Monday, April 9th.

A number of other analysts also recently weighed in on the company. Berenberg Bank decreased their price target on Dialight from GBX 530 ($7.59) to GBX 420 ($6.01) and set a sell rating on the stock in a research note on Friday, December 15th. N+1 Singer dropped their target price on Dialight from GBX 710 ($10.17) to GBX 630 ($9.02) and set a hold rating for the company in a research note on Friday, December 15th.

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Shares of LON DIA opened at GBX 516 ($7.39) on Monday. Dialight has a 1-year low of GBX 500 ($7.16) and a 1-year high of GBX 1,099 ($15.74).

In related news, insider Stephen Bird bought 3,728 shares of the stock in a transaction dated Wednesday, March 14th. The stock was acquired at an average price of GBX 525 ($7.52) per share, for a total transaction of £19,572 ($28,024.05).

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About Dialight

Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.

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