Shore Capital reiterated their buy rating on shares of Devro (LON:DVO) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also weighed in on the stock. Peel Hunt reiterated a hold rating on shares of Devro in a research note on Monday, July 29th. Numis Securities reiterated a buy rating and set a GBX 240 ($3.14) target price on shares of Devro in a research note on Thursday, April 25th.
Shares of DVO opened at GBX 207 ($2.70) on Wednesday. The stock has a market cap of $345.58 million and a price-to-earnings ratio of 22.75. The company has a debt-to-equity ratio of 112.94, a quick ratio of 1.50 and a current ratio of 2.90. The company’s fifty day moving average is GBX 207.97. Devro has a 1-year low of GBX 150.80 ($1.97) and a 1-year high of GBX 222 ($2.90).
Devro Company Profile
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings in the Americas, Europe, and the Asia-Pacific. 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. The company sells its products to food manufacturers through agents and distributors.
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