Victrex plc (VCT) Given Buy Rating at Liberum Capital
Other analysts also recently issued reports about the company. Numis Securities Ltd downgraded Victrex plc to an add rating and cut their target price for the company from GBX 1,910 ($23.64) to GBX 1,850 ($22.90) in a research report on Tuesday, July 12th. Peel Hunt restated a buy rating and set a GBX 1,900 ($23.51) price objective on shares of Victrex plc in a research report on Wednesday, July 20th. Barclays PLC restated an equal weight rating and set a GBX 1,600 ($19.80) price objective on shares of Victrex plc in a research report on Wednesday, July 27th. Berenberg Bank dropped their price objective on Victrex plc from GBX 1,620 ($20.05) to GBX 1,510 ($18.69) and set a hold rating for the company in a research report on Thursday, July 21st. Finally, Deutsche Bank AG restated a hold rating and set a GBX 1,650 ($20.42) price objective on shares of Victrex plc in a research report on Monday, July 4th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of GBX 1,726.54 ($21.37).
Shares of Victrex plc (LON:VCT) opened at 1751.00 on Tuesday. The stock has a 50 day moving average of GBX 1,557.06 and a 200-day moving average of GBX 1,515.36. Victrex plc has a 52-week low of GBX 1,275.58 and a 52-week high of GBX 1,961.00. The stock’s market capitalization is GBX 1.49 billion.
Victrex plc Company Profile
Victrex plc is a United Kingdom-based company engaged in the manufacture of polymer solutions. The Company’s products are used in smartphones, oil and gas equipment, medical devices, aeroplanes and cars. The Company has operations in industries such as Automotive, Aerospace, Electronics, Energy and Medical.
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