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).

In other Dialight news, insider Luis Ramirez purchased 1,084 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were purchased at an average cost of GBX 690 ($9.29) per share, with a total value of £7,479.60 ($10,066.76). Also, insider Michael Sutsko bought 1,500 shares of the stock in a transaction on Monday, October 30th. The stock was purchased at an average price of GBX 637 ($8.57) per share, for a total transaction of £9,555 ($12,860.03). Insiders have purchased 5,804 shares of company stock worth $3,828,660 over the last three months.

WARNING: This news story was posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark and copyright legislation. The original version of this news story can be read at https://www.watchlistnews.com/dialight-dia-price-target-cut-to-gbx-630/1768954.html.

About Dialight

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.

Receive News & Ratings for Dialight Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dialight and related companies with MarketBeat.com's FREE daily email newsletter.