Victrex plc (VCT) Given New GBX 1,945 Price Target at Numis Securities Ltd
Victrex plc (LON:VCT) had its price objective lifted by Numis Securities Ltd from GBX 1,781 ($22.04) to GBX 1,945 ($24.07) in a research report sent to investors on Wednesday morning. Numis Securities Ltd currently has an add rating on the stock.
Several other brokerages have also recently weighed in on VCT. BNP Paribas reiterated an underperform rating and issued a GBX 1,450 ($17.95) target price on shares of Victrex plc in a report on Wednesday, October 5th. Liberum Capital restated a buy rating and set a GBX 2,100 ($25.99) price objective on shares of Victrex plc in a research note on Tuesday. N+1 Singer restated a buy rating and set a GBX 1,730 ($21.41) price objective on shares of Victrex plc in a research note on Tuesday. Peel Hunt restated a buy rating and set a GBX 1,900 ($23.51) price objective on shares of Victrex plc in a research note on Tuesday. Finally, Berenberg Bank decreased 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 note on Thursday, July 21st. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. Victrex plc presently has a consensus rating of Hold and an average target price of GBX 1,726.54 ($21.37).
Victrex plc (LON:VCT) opened at 1731.00 on Wednesday. The stock’s market capitalization is GBX 1.48 billion. The firm has a 50-day moving average price of GBX 1,562.16 and a 200 day moving average price of GBX 1,517.20. Victrex plc has a 12 month low of GBX 1,275.58 and a 12 month high of GBX 1,961.00.
About Victrex plc
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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