Peel Hunt reaffirmed their buy rating on shares of Porvair (LON:PRV) in a research note published on Monday. Peel Hunt currently has a GBX 580 ($8.01) price target on the stock.

Shares of Porvair (LON:PRV) opened at GBX 463 ($6.40) on Monday. Porvair has a 12-month low of GBX 409.35 ($5.66) and a 12-month high of GBX 610 ($8.43). The stock has a market capitalization of $207.64 and a price-to-earnings ratio of 2,436.84.

The firm also recently disclosed a dividend, which will be paid on Friday, June 1st. Investors of record on Thursday, April 26th will be given a GBX 2.70 ($0.04) dividend. This represents a dividend yield of 0.51%. The ex-dividend date is Thursday, April 26th. This is an increase from Porvair’s previous dividend of $1.50.

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About Porvair

Porvair plc is a specialist filtration and environmental technology company engaged in the development, design and manufacture of filtration and separation equipment. The Company’s operating divisions include Metals Filtration and Microfiltration. The Metals Filtration Division designs and manufactures porous ceramic filters for the filtration of molten metals, principally aluminum.

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