Dialight (DIA) Receives “Hold” Rating from Peel Hunt

Dialight (LON:DIA)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a research note issued on Tuesday. They currently have a GBX 600 ($8.59) price target on the stock. Peel Hunt’s target price suggests a potential upside of 16.73% from the company’s previous close.

Shares of LON:DIA opened at GBX 514 ($7.36) on Tuesday. Dialight has a 12-month low of GBX 500 ($7.16) and a 12-month high of GBX 1,099 ($15.74).

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In related news, insider Stephen Bird bought 3,728 shares of the firm’s stock in a transaction on Wednesday, March 14th. The stock was bought at an average price of GBX 525 ($7.52) per share, with a total value of £19,572 ($28,024.05).

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About Dialight

Dialight plc is a holding company. The Company manufactures and sells lighting products in the industrial market. It operates through two segments: Lighting, and Signals and Components. Its Lighting segment develops, manufactures and supplies light emitting diode (LED) lighting solutions for hazardous and industrial applications, and includes anti-collision obstruction lighting.

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