Dialight (LON:DIA)‘s stock had its “buy” rating restated by equities research analysts at N+1 Singer in a research note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 1,403 ($21.41) target price on the stock. N+1 Singer’s price target would indicate a potential upside of 29.56% from the company’s current price.
A number of other firms have also recently commented on DIA. Analysts at Nplus1 Brewin cut their price target on shares of Dialight from GBX 1,441 ($21.99) to GBX 1,403 ($21.41) in a research note to investors on Friday, July 5th. They now have a “buy” rating on the stock. Separately, analysts at Kempen & Co reiterated a “hold” rating on shares of Dialight in a research note to investors on Wednesday, June 12th. They now have a GBX 1,300 ($19.84) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Dialight in a research note to investors on Tuesday, June 11th. They now have a GBX 1,450 ($22.13) price target on the stock.
One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 1,356.50 ($20.70).
Shares of Dialight (LON: DIA) traded up 3.06% during mid-day trading on Monday, hitting GBX 1180.00. Dialight has a one year low of GBX 987.00 and a one year high of GBX 1413.00. The stock’s 50-day moving average is currently GBX 1186.. The company’s market cap is £378.8 million.
Dialight plc is a light emitting diodes (LON: DIA) solution provider worldwide.
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