Dialight (LON:DIA)‘s stock had its “buy” rating reiterated by equities researchers at Canaccord Genuity in a research report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 1,450 ($22.13) target price on the stock. Canaccord Genuity’s price target would suggest a potential upside of 34.88% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer reiterated a “buy” rating on shares of Dialight in a research note to investors on Monday. They now have a GBX 1,403 ($21.41) price target on the stock. Finally, 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.
One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Dialight has an average rating of “Buy” and an average target price of GBX 1,389 ($21.20).
Shares of Dialight (LON: DIA) opened at 1075.00 on Monday. Dialight has a 52 week low of GBX 987.00 and a 52 week high of GBX 1413.00. The stock’s 50-day moving average is currently GBX 1186.. The company’s market cap is £345.1 million.
Dialight plc is a light emitting diodes (LON: DIA) solution provider worldwide.
