Berenberg Bank Reiterates Buy Rating for discoverIE Group (LON:DSCV)

Posted by Defense World Staff on Sep 12th, 2025

discoverIE Group (LON:DSCV – Get Free Report)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research report issued on Wednesday, MarketBeat.com reports. They currently have a GBX 950 price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 58.33% from the stock’s current price.

Separately, Shore Capital reissued a “buy” rating and set a GBX 750 price target on shares of discoverIE Group in a report on Thursday, July 24th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 766.67.

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discoverIE Group Price Performance

LON:DSCV opened at GBX 600 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 1.55 and a debt-to-equity ratio of 77.88. The business’s 50-day simple moving average is GBX 662.22 and its two-hundred day simple moving average is GBX 615.91. The stock has a market cap of £576.34 million, a PE ratio of 2,400.00 and a beta of 1.09. discoverIE Group has a 52 week low of GBX 472.50 and a 52 week high of GBX 754.

Insider Buying and Selling at discoverIE Group

In other news, insider Clive Watson acquired 402 shares of the business’s stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of GBX 670 per share, for a total transaction of £2,693.40. 3.73% of the stock is currently owned by insiders.

discoverIE Group Company Profile

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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.