Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 230 ($2.93) target price on shares of Devro in a report on Tuesday, April 12th.
Shares of LON:DVO opened at GBX 210 ($2.68) on Thursday. The company has a 50-day simple moving average of GBX 204.53 and a 200-day simple moving average of GBX 209.28. Devro has a one year low of GBX 163.46 ($2.08) and a one year high of GBX 240 ($3.06). The company has a debt-to-equity ratio of 90.42, a quick ratio of 1.37 and a current ratio of 2.32. The stock has a market capitalization of £350.59 million and a price-to-earnings ratio of 11.41.
Devro Company Profile (Get Rating)
Devro plc, together with its subsidiaries, manufactures and supplies collagen casings primarily in the United Kingdom. It offers edible and non-edible collagen casings, 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 distributors and agents.
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