FinnCap Reaffirms Corporate Rating for Discoverie Group (LON:DSCV)

FinnCap reiterated their corporate rating on shares of Discoverie Group (LON:DSCV) in a report released on Thursday, ThisIsMoney.Co.Uk reports.

DSCV has been the subject of several other reports. Peel Hunt reissued a buy rating on shares of Discoverie Group in a research report on Wednesday, June 24th. Berenberg Bank raised their target price on Discoverie Group from GBX 500 ($6.15) to GBX 590 ($7.26) and gave the stock a buy rating in a research report on Wednesday, July 1st. Finally, Jefferies Financial Group reduced their target price on Discoverie Group from GBX 645 ($7.94) to GBX 585 ($7.20) and set a buy rating for the company in a research report on Thursday, April 16th. Four equities research analysts have rated the stock with a buy rating, Discoverie Group currently has a consensus rating of Buy and a consensus target price of GBX 626.20 ($7.71).

DSCV opened at GBX 594 ($7.31) on Thursday. Discoverie Group has a 1-year low of GBX 4.90 ($0.06) and a 1-year high of GBX 610 ($7.51). The company has a current ratio of 1.91, a quick ratio of 1.22 and a debt-to-equity ratio of 58.90. The stock has a market capitalization of $531.37 million and a price-to-earnings ratio of 36.00. The business has a 50 day moving average of GBX 551.64 and a 200-day moving average of GBX 521.46.

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.

Further Reading: Stock Symbols and CUSIP Explained

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