Discoverie Group (DSCV)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

674.00p
   
  • Change Today:
    -17.00p
  • 52 Week High: 738.00p
  • 52 Week Low: 486.00p
  • Currency: UK Pounds
  • Shares Issued: 96.36m
  • Volume: 225,389
  • Market Cap: £649.44m
  • Beta: 0.01

RBC Capital starts discoverIE at 'sector perform'

By Michele Maatouk

Date: Wednesday 14 Feb 2024

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets initiated coverage of discoverIE on Wednesday with a 'sector perform' rating and 760 price target, as it said the growth outlook remains strong, but less differentiated.
RBC noted that discoverIE has been built in its current form by M&A since 2011.

"Acquisitions remain a key strategic plank, though increased group scale may bring challenges," it said.

"The group also has a robust organic growth track record at around 2x our UK coverage average since 2013."

The bank said continued strong organic growth is forecast - 5.5% CAGR to 2028E - but accelerated peer group growth (+4.5% CAGR) means this is less differentiated.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

DSCV Market Data

Currency UK Pounds
Share Price 674.00p
Change Today -17.00p
% Change -2.46 %
52 Week High 738.00p
52 Week Low 486.00p
Volume 225,389
Shares Issued 96.36m
Market Cap £649.44m
Beta 0.01

DSCV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.15% below the market average76.15% below the market average76.15% below the market average76.15% below the market average76.15% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend
26.13% above the market average26.13% above the market average26.13% above the market average26.13% above the market average26.13% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Income
36.94% below the market average36.94% below the market average36.94% below the market average36.94% below the market average36.94% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
4.09% above the market average4.09% above the market average4.09% above the market average4.09% above the market average4.09% above the market average
39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average39.39% above the sector average

What The Brokers Say

Strong Buy 3
Buy 4
Neutral 3
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DSCV Dividends

  Latest Previous
  Final Interim
Ex-Div 26-Jun-25 12-Dec-24
Paid 01-Aug-25 24-Jan-25
Amount 8.60p 3.90p

Trades for 01-Aug-2025

Time Volume / Share Price
16:37 2,321 @ 676.73p
16:35 46,708 @ 674.00p
16:35 269 @ 674.00p
16:35 665 @ 674.00p
16:35 258 @ 674.00p

Top of Page