What’s in Driver Group Plc After Today’s Huge Increase?

 What's in Driver Group Plc After Today's Huge Increase?

The stock of Driver Group Plc (LON:DRV) is a huge mover today! The stock increased 4.37% or GBX 2.49 on November 4, hitting GBX 59.49. About 197,789 shares traded hands or 562.28% up from the average. Driver Group Plc (LON:DRV) has declined 9.38% since April 7, 2016 and is downtrending. It has underperformed by 10.47% the S&P500.
The move comes after 6 months positive chart setup for the GBX 19.24M company. It was reported on Nov, 4 by Barchart.com. We have GBX 145.75 PT which if reached, will make LON:DRV worth GBX 27.90 million more.

Driver Group Plc (LON:DRV) Ratings Coverage

Out of 2 analysts covering Driver Group PLC (LON:DRV), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Driver Group PLC has been the topic of 5 analyst reports since October 6, 2015 according to StockzIntelligence Inc. The rating was maintained by Panmure Gordon with “Buy” on Tuesday, May 24. Panmure Gordon maintained the shares of DRV in a report on Wednesday, March 2 with “Buy” rating. As per Wednesday, September 14, the company rating was maintained by N+1 Singer. The stock of Driver Group Plc (LON:DRV) has “Buy” rating given on Tuesday, December 8 by Panmure Gordon. The stock of Driver Group Plc (LON:DRV) has “Buy” rating given on Tuesday, October 6 by Panmure Gordon.

More news for Driver Group Plc (LON:DRV) were recently published by: Rttnews.com, which released: “Driver Group Acquires Initiate Consulting Limited – Quick Facts” on December 09, 2014. Prnewswire.com‘s article titled: “New Survey Reveals Better Tracking Technology and Driver Screening Desired for …” and published on October 20, 2016 is yet another important article.

Driver Group Plc is a United Kingdom company, which provides consultancy services to the engineering and construction industries. The company has a market cap of 19.24 million GBP. The Firm conducts its activities through three operating divisions: Europe & Americas (EuAm); APAC, Middle East & Africa (AMEA), and Initiate. It currently has negative earnings. The EuAm and AMEA divisions provide various services, such as quantity surveying, litigation support, contract administration, and commercial advice/management.

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