Devro plc (LON:DVO) has been given a consensus rating of “Buy” by the eight analysts that are presently covering the stock. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 306.14 ($4.00).
Several brokerages have weighed in on DVO. Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 293 ($3.82) target price on shares of Devro plc in a research report on Tuesday, August 9th. Societe Generale dropped their target price on Devro plc from GBX 330 ($4.31) to GBX 280 ($3.65) and set a “hold” rating on the stock in a research report on Thursday, August 4th. HSBC reaffirmed a “hold” rating and issued a GBX 275 ($3.59) target price on shares of Devro plc in a research report on Thursday, August 4th. BNP Paribas dropped their target price on Devro plc from GBX 275 ($3.59) to GBX 255 ($3.33) and set a “neutral” rating on the stock in a research report on Thursday, August 4th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 330 ($4.31) target price on shares of Devro plc in a research report on Wednesday, August 3rd.
In other news, insider Hoetmer ,Gerard bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 5th. The stock was acquired at an average price of GBX 248 ($3.24) per share, with a total value of £12,400 ($16,185.88).
Devro plc (LON:DVO) opened at 237.75 on Wednesday. Devro plc has a 1-year low of GBX 218.25 and a 1-year high of GBX 320.00. The stock’s 50 day moving average price is GBX 236.24 and its 200 day moving average price is GBX 259.89. The firm’s market cap is GBX 396.88 million.
The firm also recently declared a dividend, which was paid on Friday, October 7th. Stockholders of record on Thursday, August 25th were paid a GBX 2.70 ($0.04) dividend. The ex-dividend date was Thursday, August 25th. This represents a dividend yield of 1.05%.
Devro plc Company Profile
Devro plc is a United Kingdom-based manufacturer of collagen products for the food industry. The Company operates through three segments: Americas, which includes North America and Latin America; Asia-Pacific, which includes Australia, New Zealand, Japan, China and the rest of South East Asia, and Europe, which includes Continental Europe, the United Kingdom, Ireland and Africa.
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