Devro plc (DVO) Insider Acquires £32,000 in Stock
Devro plc (LON:DVO) insider Gerard Hoetmer purchased 20,000 shares of Devro plc stock in a transaction that occurred on Friday, November 25th. The stock was purchased at an average cost of GBX 160 ($1.98) per share, for a total transaction of £32,000 ($39,697.31).
Gerard Hoetmer also recently made the following trade(s):
- On Thursday, November 10th, Gerard Hoetmer purchased 15,000 shares of Devro plc stock. The stock was purchased at an average cost of GBX 178 ($2.21) per share, for a total transaction of £26,700 ($33,122.44).
Devro plc (LON:DVO) opened at 149.00 on Wednesday. The company’s market capitalization is GBX 248.75 billion. The stock’s 50 day moving average price is GBX 206.32 and its 200-day moving average price is GBX 241.14. Devro plc has a one year low of GBX 147.00 and a one year high of GBX 320.00.
Several brokerages recently weighed in on DVO. Peel Hunt reaffirmed a “buy” rating and issued a GBX 180 ($2.23) price target on shares of Devro plc in a research note on Monday, November 21st. Numis Securities Ltd cut Devro plc from a “buy” rating to an “add” rating and set a GBX 209 ($2.59) price target on the stock. in a research note on Friday, November 11th. Societe Generale reissued a “hold” rating and issued a GBX 190 ($2.36) target price on shares of Devro plc in a research note on Friday, November 11th. BNP Paribas reissued a “neutral” rating and issued a GBX 200 ($2.48) target price on shares of Devro plc in a research note on Friday, November 11th. Finally, HSBC reissued a “hold” rating and issued a GBX 275 ($3.41) target price on shares of Devro plc in a research note on Thursday, August 4th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 252 ($3.13).
Devro plc Company Profile
Devro plc is a United Kingdom-based manufacturer of collagen products for the food industry. The Company operates through three segments: Americas, which includes North America and Latin America; Asia-Pacific, which includes Australia, New Zealand, Japan, China and the rest of South East Asia, and Europe, which includes Continental Europe, the United Kingdom, Ireland and Africa.
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