Berenberg Bank reaffirmed their buy rating on shares of discoverIE Group (LON:DSCV – Free Report) in a research report report published on Tuesday morning, MarketBeat reports. They currently have a GBX 950 ($12.41) price objective on the stock.
Separately, Shore Capital reaffirmed a “sell” rating on shares of discoverIE Group in a report on Tuesday.
View Our Latest Stock Analysis on DSCV
discoverIE Group Price Performance
Insider Buying and Selling
In other discoverIE Group news, insider Clive Watson purchased 252 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average cost of GBX 623 ($8.14) per share, with a total value of £1,569.96 ($2,050.09). In related news, insider Simon Gibbins bought 7,822 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was bought at an average price of GBX 634 ($8.28) per share, for a total transaction of £49,591.48 ($64,757.74). Also, insider Clive Watson purchased 252 shares of the stock in a transaction dated Tuesday, August 13th. The shares were bought at an average price of GBX 623 ($8.14) per share, for a total transaction of £1,569.96 ($2,050.09). In the last 90 days, insiders bought 17,205 shares of company stock valued at $10,592,914. Company insiders own 4.50% of the company’s stock.
About discoverIE Group
discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two segments, Magnetics & Controls; and Sensing & Connectivity. The company offers magnetic and power components, embedded computing and interface controls, and sensing and connectivity components for industrial applications.
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