A statement released earlier today by Peel Hunt about Devro PLC (LON:DVO) maintains the target price at 330.00GBX
- Updated: September 19, 2016
Reporting a possible upside of 0.26%, Peel Hunt held the target price of Devro PLC (LON:DVO) at 330GBX.
Previously on 5/03/2016, Numis released a statement about Devro PLC(LON:DVO) lowered the target price from 326.00GBX to 323.00GBX. At the time, this suggested an upside of 0.18%.
Having a price of 262.75GBX, Devro PLC (LON:DVO) traded 2.67% higher on the day. The last stock price is down 13.12% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. The company has registered a 50-day moving average of 240.60GBX and two hundred day moving average of 265.87GBX. Trade volume was was up over the average, with 408,540 shares of DVO changing hands over the typical 190,715 shares.
Devro PLC has a price-earnings of 64 with a one-year low of 218.25GBX and a one-year high of 320.00GBX and has a total market value of 0.0 GBX.
A total of 7 equity analysts have released a ratings update on Devro PLC. Two analysts rate the company a strong buy, one firm rate the company a buy, four firms rate the company a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the company as sell with a one year target of 325.43GBX
Brief Synopsis On Devro PLC (LON:DVO)
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. It is engaged in the manufacture and sale of edible collagen casing, primarily for sausages. Its casing products include Cutisin 014, Cutisin SPR, Devro Fresh Butchers, Devro Fresh Link, Devro Fresh Porcine, Devro Fresh Porcine, Devro Fresh Premium, Devro Processed Rondo, Edicol A, Edicol T, Ralex Mini Ralen and Ralex Mini Smoke. The Company’s subsidiaries include Devro (Scotland) Limited, Devro New Holdings Limited, Devro Acquisition Corp, Devro Asia Limited, Devro Inc, Devro s.r.o, and Devro Trading (Beijing) Co. Limited and Devro (Nantong) Technology Co. Limited.
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