discoverIE Group plc (DSCV.L) – What Are Analysts Thinking About This Stock?

Shares of discoverIE Group plc (LON:DSCV) have earned an average rating of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 894.38.

DSCV has been the topic of several research analyst reports. Berenberg Bank reiterated a “buy” rating and set a GBX 1,050 price objective on shares of discoverIE Group in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 870 target price on shares of discoverIE Group in a report on Tuesday, June 23rd. Finally, Peel Hunt restated a “buy” rating and issued a GBX 1,000 target price on shares of discoverIE Group in a report on Friday, July 24th.

discoverIE Group Price Performance

Shares of LON:DSCV opened at GBX 880 on Friday. The company has a debt-to-equity ratio of 72.98, a quick ratio of 0.96 and a current ratio of 1.45. The company has a market cap of £845.92 million, a PE ratio of 29.93 and a beta of 1.29. discoverIE Group has a 52 week low of GBX 505 and a 52 week high of GBX 905. The firm has a 50 day simple moving average of GBX 808.67 and a 200 day simple moving average of GBX 722.62.

discoverIE Group Company Profile

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.