Dialight (DIA) Price Target Cut to GBX 630
Dialight (LON:DIA) had its target price dropped by research analysts at N+1 Singer from GBX 710 ($9.56) to GBX 630 ($8.48) in a research note issued on Friday. The brokerage presently has a “hold” rating on the stock. N+1 Singer’s price objective would suggest a potential upside of 10.53% from the stock’s previous close.
Other research analysts have also issued reports about the company. Peel Hunt dropped their price target on Dialight from GBX 720 ($9.69) to GBX 565 ($7.60) and set a “hold” rating on the stock in a research report on Friday. Berenberg Bank dropped their price target on Dialight from GBX 620 ($8.34) to GBX 530 ($7.13) and set a “sell” rating on the stock in a research report on Wednesday, October 25th.
Dialight (LON DIA) opened at GBX 570 ($7.67) on Friday. Dialight has a 52-week low of GBX 530.53 ($7.14) and a 52-week high of GBX 1,115 ($15.01).
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Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.
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