discoverIE Group (LON:DSCV – Get Free Report) was upgraded by equities researchers at Shore Capital to a “hold” rating in a research note issued on Wednesday,Digital Look reports.
Separately, Berenberg Bank restated a “buy” rating and set a GBX 950 ($12.04) price objective on shares of discoverIE Group in a research note on Tuesday, October 15th.
Read Our Latest Analysis on DSCV
discoverIE Group Stock Down 0.3 %
Insider Transactions at discoverIE Group
In other discoverIE Group news, insider Simon Gibbins acquired 7,822 shares of discoverIE Group stock in a transaction that occurred on Tuesday, October 15th. The shares were acquired at an average cost of GBX 634 ($8.03) per share, with a total value of £49,591.48 ($62,837.66). Also, insider Clive Watson acquired 4,126 shares of discoverIE Group stock in a transaction that occurred on Thursday, September 12th. The stock was acquired at an average cost of GBX 585 ($7.41) per share, for a total transaction of £24,137.10 ($30,584.26). 4.50% of the stock is currently owned by insiders.
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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