Devro PLC

Devro is a manufacturers of collagen products for the food industry. Co.'s collagen casings are used to manufacture a variety of sausages. Co. sells collagen products directly to food manufacturers and, in some markets, local distributors. Co. has three operating segments: Americas, which includes North America and Latin America; Asia-Pacific, which includes Australia, New Zealand, Japan, China and the rest of South East Asia; and Europe, which includes Continental Europe, U.K., Ireland and Africa.
  • TickerDVO
  • ISINGB0002670437
  • ExchangeLondon Stock Exchange
  • SectorFood Producers
  • CountryUnited Kingdom

Analysts

Increased risk weighs on DEVRO PLC., penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of DEVRO PLC. (GB), active in the Food Products industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date September 6, 2019, the closing price was GBp 189.60 and its target price was estimated at GBp 167.67.

Increased risk weighs on DEVRO PLC., penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of DEVRO PLC. (GB), active in the Food Products industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date September 6, 2019, the closing price was GBp 189.60 and its target price was estimated at GBp 167.67.

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