discoverIE Group plc (LON:DSCV - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eight analysts that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 894.38.
A number of brokerages have recently issued reports on DSCV. Berenberg Bank upped their price target on discoverIE Group from GBX 950 to GBX 1,050 and gave the company a "buy" rating in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 870 price objective on shares of discoverIE Group in a report on Tuesday, June 23rd. Stifel Nicolaus reissued a "buy" rating and issued a GBX 1,000 target price on shares of discoverIE Group in a research report on Friday, April 17th. Shore Capital Group restated a "buy" rating on shares of discoverIE Group in a research note on Friday, April 17th. Finally, Royal Bank Of Canada downgraded shares of discoverIE Group to a "sector perform" rating and set a GBX 800 price target on the stock. in a report on Friday, June 5th.
Read Our Latest Analysis on DSCV
discoverIE Group Price Performance
Shares of LON DSCV opened at GBX 739 on Friday. The firm has a market cap of £710.38 million, a P/E ratio of 25.14 and a beta of 1.28. discoverIE Group has a twelve month low of GBX 505 and a twelve month high of GBX 800. The company has a quick ratio of 0.96, a current ratio of 1.45 and a debt-to-equity ratio of 72.98. The company has a 50 day moving average of GBX 702.07 and a 200 day moving average of GBX 645.27.
discoverIE Group (LON:DSCV - Get Free Report) last issued its earnings results on Wednesday, June 3rd. The company reported GBX 41.30 EPS for the quarter. The business had revenue of £443.30 million for the quarter. discoverIE Group had a return on equity of 9.04% and a net margin of 6.54%. As a group, research analysts expect that discoverIE Group will post 37.5 EPS for the current fiscal year.
About discoverIE Group
(
Get Free Report)
discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial use. The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally, with a focus on key markets driven by structural growth and increasing electronic content, namely renewable energy, medical, transportation, security, and industrial & connectivity.
The Group employs c.4,500 people across 20 countries. Its principal operating units are located in Continental Europe, the UK, China, Sri Lanka, India, Thailand, Mexico and the USA.
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