Devro (LON:DVO) Given Hold Rating at Peel Hunt
Peel Hunt restated their hold rating on shares of Devro (LON:DVO) in a research report sent to investors on Monday morning, ThisIsMoney.Co.Uk reports.
A number of other brokerages also recently weighed in on DVO. Shore Capital reaffirmed a buy rating on shares of Barclays in a research note on Thursday, April 25th. Numis Securities reaffirmed an add rating and issued a GBX 2,000 ($26.13) target price on shares of Brooks Macdonald Group in a research note on Thursday, April 25th.
Shares of LON DVO opened at GBX 210 ($2.74) on Monday. Devro has a 1-year low of GBX 150.80 ($1.97) and a 1-year high of GBX 222 ($2.90). The company has a market capitalization of $338.91 million and a P/E ratio of 28.38. The company has a debt-to-equity ratio of 103.41, a quick ratio of 1.05 and a current ratio of 2.05. The business has a 50-day moving average of GBX 211.67.
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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