Peel Hunt Reiterates The Hold Rating They’ve had for Devro PLC (LON:DVO) Shares

July 27, 2018 - By Lisa Delgado

Devro plc (LON:DVO) Logo

Devro PLC (LON:DVO) Rating Reaffirmed

In an analyst note sent to investors and clients on Friday morning, Peel Hunt kept their Hold rating on Devro PLC (LON:DVO) shares.

Devro plc (LON:DVO) Ratings Coverage

Among 6 analysts covering Devro PLC (LON:DVO), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Devro PLC has GBX 225 highest and GBX 185 lowest target. GBX 210.42’s average target is 8.13% above currents GBX 194.6 stock price. Devro PLC had 15 analyst reports since February 27, 2018 according to SRatingsIntel. Peel Hunt maintained Devro plc (LON:DVO) on Tuesday, February 27 with “Hold” rating. The firm earned “Hold” rating on Monday, July 2 by Peel Hunt. The stock of Devro plc (LON:DVO) has “Hold” rating given on Thursday, June 7 by Societe Generale. The company was maintained on Tuesday, February 27 by Numis Securities. Shore Capital maintained Devro plc (LON:DVO) on Tuesday, February 27 with “Hold” rating. BNP Paribas maintained the stock with “Neutral” rating in Thursday, April 5 report. As per Tuesday, May 29, the company rating was downgraded by BNP Paribas. The stock of Devro plc (LON:DVO) has “Hold” rating given on Wednesday, May 30 by Peel Hunt. The rating was upgraded by Berenberg to “Hold” on Thursday, March 1. The company was maintained on Wednesday, April 25 by Shore Capital.

The stock decreased 0.21% or GBX 0.4 during the last trading session, reaching GBX 194.6. About 2,663 shares traded. Devro plc (LON:DVO) has 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Devro plc, together with its subsidiaries, makes and supplies collagen casings in the Americas, Europe, and the Asia-Pacific. The company has market cap of 324.76 million GBP. It offers edible and non-edible collagen casings, tubular films, and plastic casings for use in the production of a range of sausages and other meat products. It has a 20.92 P/E ratio. The firm sells its products to food manufacturers through agents and distributors under the Devro, Cutisin, Edicol, and Ralex names.

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