Discoverie Group PLC 53.3% potential upside indicated by Berenberg Bank

Discoverie Group PLC with ticker (LON:DSCV) now has a potential upside of 53.3% according to Berenberg Bank.



Berenberg Bank set a target price of 1,030 GBX for the company, which when compared to the Discoverie Group PLC share price of 672 GBX at opening today (29/09/2023) indicates a potential upside of 53.3%. Trading has ranged between 619 (52 week low) and 958 (52 week high) with an average of 133,839 shares exchanging hands daily. The market capitalisation at the time of writing is £647,513,059.

discoverIE Group plc is an international group of businesses that designs and manufactures customized electronic components for industrial applications. The Company provides application-specific components to original equipment manufacturers (OEMs) internationally. It operates through two segments: Magnetics & Controls (M&C) and Sensing & Connectivity (S&C). The M&C segment designs, manufactures, and supplies differentiated magnetic and power components, embedded computing, and interface controls, all for industrial applications, through eight businesses operating across 17 countries. The S&C segment designs, manufactures, and supplies differentiated sensing and connectivity components for industrial applications through 13 businesses operating across nine countries. It offers products, including linear transformers, inductors and chokes, transient suppression transformers, medical transformers, trackballs, trackpads, servo motors and drives, wi-fi/Bluetooth antennas, and others.