Vitec Group plc (VTC) Earns Buy Rating from Peel Hunt
Separately, Berenberg Bank reissued a buy rating on shares of Vitec Group plc in a report on Wednesday, September 6th. Five analysts have rated the stock with a buy rating, Vitec Group plc currently has a consensus rating of Buy and a consensus price target of GBX 1,106.25 ($14.60).
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The firm also recently announced a dividend, which was paid on Friday, October 20th. Investors of record on Thursday, September 21st were issued a GBX 10.40 ($0.14) dividend. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend was Thursday, September 21st.
In other Vitec Group plc news, insider Kath Kearney-Croft bought 2,700 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The stock was purchased at an average cost of GBX 1,103 ($14.56) per share, with a total value of £29,781 ($39,299.29).
About Vitec Group plc
The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and distributes branded products and services that enable end users to capture and share images. The Company’s Photographic Division designs, manufactures and distributes branded photographic and video equipment, such as tripods, bags, filters and lights for professional and consumer photographers.
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