Discoverie Group (LON:DSCV) Given New GBX 530 Price Target at Peel Hunt

Discoverie Group (LON:DSCV) had its target price lifted by Peel Hunt from GBX 500 ($6.53) to GBX 530 ($6.93) in a report released on Friday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a buy rating on the stock.

A number of other equities analysts also recently commented on the company. Berenberg Bank lifted their price objective on Discoverie Group from GBX 490 ($6.40) to GBX 520 ($6.79) and gave the stock a buy rating in a research report on Thursday, June 20th. FinnCap reiterated a corporate rating on shares of Discoverie Group in a research report on Thursday, July 25th.

Shares of Discoverie Group stock opened at GBX 461 ($6.02) on Friday. Discoverie Group has a one year low of GBX 324 ($4.23) and a one year high of GBX 470 ($6.14). The company has a market cap of $368.06 million and a price-to-earnings ratio of 23.76. The company has a debt-to-equity ratio of 63.99, a quick ratio of 1.14 and a current ratio of 1.87. The business’s 50 day moving average price is GBX 433.48 and its 200 day moving average price is GBX 428.14.

Discoverie Group Company Profile

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.

See Also: Are analyst ratings accurate?

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