Peel Hunt Reaffirms Buy Rating for Discoverie Group (DSCV)

Peel Hunt restated their buy rating on shares of Discoverie Group (LON:DSCV) in a research report released on Monday morning.

Several other equities research analysts also recently issued reports on the company. FinnCap reissued a corporate rating on shares of Discoverie Group in a research note on Thursday, January 31st. Berenberg Bank reduced their price objective on Discoverie Group from GBX 525 ($6.86) to GBX 490 ($6.40) and set a buy rating for the company in a research note on Tuesday, January 29th.

Shares of Discoverie Group stock opened at GBX 410 ($5.36) on Monday. Discoverie Group has a 1 year low of GBX 215 ($2.81) and a 1 year high of GBX 401 ($5.24).

In other news, insider Nicholas Jefferies sold 6,683 shares of the firm’s stock in a transaction dated Thursday, February 7th. The stock was sold at an average price of GBX 418 ($5.46), for a total transaction of £27,934.94 ($36,501.95). Also, insider Malcolm Diamond purchased 5,362 shares of the business’s stock in a transaction dated Tuesday, December 4th. The shares were purchased at an average cost of GBX 373 ($4.87) per share, with a total value of £20,000.26 ($26,133.88).

About Discoverie Group

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates through two divisions, Design & Manufacturing and Custom Supply. The company also offers technically demanding, customized electronic, photonic, and medical products to the industrial, medical, and healthcare markets.

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