Victrex plc (VCT) Stock Rating Reaffirmed by Peel Hunt
Victrex plc (LON:VCT)‘s stock had its “buy” rating reiterated by Peel Hunt in a research note issued to investors on Tuesday. They presently have a GBX 1,900 ($23.51) price target on the stock. Peel Hunt’s price target suggests a potential upside of 9.07% from the company’s previous close.
VCT has been the subject of several other reports. BNP Paribas reissued a “neutral” rating and issued a GBX 1,530 ($18.94) price objective on shares of Victrex plc in a research report on Wednesday, July 27th. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,600 ($19.80) price objective on shares of Victrex plc in a research report on Wednesday, July 27th. Numis Securities Ltd reduced their price objective on Victrex plc from GBX 1,850 ($22.90) to GBX 1,781 ($22.04) and set an “add” rating for the company in a research report on Wednesday, July 27th. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 2,050 ($25.37) price objective on shares of Victrex plc in a research report on Tuesday, July 26th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 2,100 ($25.99) price objective on shares of Victrex plc in a research report on Tuesday, July 5th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 1,726.54 ($21.37).
Victrex plc (LON:VCT) opened at 1742.00 on Tuesday. Victrex plc has a 12 month low of GBX 1,275.58 and a 12 month high of GBX 1,961.00. The company’s market cap is GBX 1.49 billion. The company has a 50-day moving average of GBX 1,562.16 and a 200-day moving average of GBX 1,517.20.
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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