discoverIE Group (LON:DSCV) Given Buy Rating at Shore Capital

Shore Capital reissued their buy rating on shares of discoverIE Group (LON:DSCV) in a research report released on Tuesday, Digital Look reports.

Separately, Berenberg Bank increased their price objective on discoverIE Group from GBX 660 ($8.62) to GBX 770 ($10.06) and gave the company a buy rating in a report on Wednesday, February 10th.

Shares of LON DSCV opened at GBX 791.36 ($10.34) on Tuesday. The company has a debt-to-equity ratio of 44.64, a quick ratio of 1.11 and a current ratio of 1.79. The firm has a market cap of £707.92 million and a price-to-earnings ratio of 58.65. The business’s 50-day simple moving average is GBX 690.38 and its 200-day simple moving average is GBX 661.25. discoverIE Group has a 52 week low of GBX 430 ($5.62) and a 52 week high of GBX 821.25 ($10.73).

discoverIE Group Company Profile

discoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two divisions, Design & Manufacturing, and Custom Supply. The company also offers technically demanding, customized electronic, photonic, and medical products to the industrial, medical, and healthcare markets.

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