Victrex plc (VCT) Receives Average Rating of “Hold” from Brokerages
Victrex plc (LON:VCT) has been assigned a consensus rating of “Hold” from the eleven analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 1,987.78 ($25.33).
A number of analysts have issued reports on the stock. J P Morgan Chase & Co lifted their target price on shares of Victrex plc from GBX 1,550 ($19.75) to GBX 1,800 ($22.93) and gave the company a “neutral” rating in a research note on Tuesday, May 16th. Deutsche Bank AG lifted their target price on shares of Victrex plc from GBX 1,775 ($22.61) to GBX 1,850 ($23.57) and gave the company a “hold” rating in a research note on Tuesday, May 16th. Liberum Capital reiterated a “buy” rating and issued a GBX 2,240 ($28.54) target price on shares of Victrex plc in a research note on Friday. Numis Securities Ltd lifted their target price on shares of Victrex plc from GBX 2,042 ($26.02) to GBX 2,060 ($26.25) and gave the company a “hold” rating in a research note on Friday, April 7th. Finally, N+1 Singer reiterated a “hold” rating and issued a GBX 2,000 ($25.48) target price on shares of Victrex plc in a research note on Monday, May 15th.
Victrex plc (VCT) opened at 1901.00 on Tuesday. The stock’s market cap is GBX 1.62 billion. The stock has a 50 day moving average of GBX 1,945.17 and a 200-day moving average of GBX 1,921.64. Victrex plc has a 52 week low of GBX 1,364.00 and a 52 week high of GBX 2,063.00.
The company also recently disclosed a dividend, which will be paid on Friday, June 30th. Stockholders of record on Thursday, June 8th will be paid a GBX 12.20 ($0.16) dividend. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Thursday, June 8th.
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Victrex plc Company Profile
Victrex plc is a United Kingdom-based holding company. The Company is engaged in the manufacture and sale of various polymers. The Company’s operating segments include Industrial (Victrex Polymer Solutions) and Medical (Invibio Biomaterial Solutions). The Victrex Polymer Solutions segment focuses on automotive, aerospace, electronics and energy markets.
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