Victrex plc (VCT) Given New GBX 2,268 Price Target at Jefferies Group LLC
Victrex plc (LON:VCT) had its price objective lifted by Jefferies Group LLC from GBX 2,050 ($26.48) to GBX 2,268 ($29.29) in a research report released on Tuesday morning, MarketBeat reports. The firm currently has a hold rating on the stock.
Several other analysts have also recently commented on VCT. Credit Suisse Group reiterated an outperform rating on shares of Victrex plc in a research note on Friday, July 21st. Peel Hunt reiterated an add rating and issued a GBX 2,100 ($27.12) price objective on shares of Victrex plc in a research note on Tuesday, July 25th. Deutsche Bank AG reiterated a hold rating and issued a GBX 1,850 ($23.89) price objective on shares of Victrex plc in a research note on Friday, June 30th. Liberum Capital reiterated a buy rating and issued a GBX 2,240 ($28.93) price objective on shares of Victrex plc in a research note on Friday, June 16th. Finally, N+1 Singer reiterated a hold rating and issued a GBX 2,000 ($25.83) price objective on shares of Victrex plc in a research note on Monday, May 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of GBX 2,117.33 ($27.35).
Victrex plc (LON VCT) opened at 2333.00 on Tuesday. The firm’s market cap is GBX 1.99 billion. Victrex plc has a 12 month low of GBX 1,473.00 and a 12 month high of GBX 2,356.00. The firm has a 50 day moving average of GBX 2,050.46 and a 200-day moving average of GBX 1,956.43.
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About Victrex plc
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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