Victrex plc (LON:VCT) Receives Consensus Rating of “Hold” from Brokerages

Shares of Victrex plc (LON:VCT) have received an average rating of “Hold” from the six analysts that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 663.33.

Several analysts recently weighed in on VCT shares. Berenberg Bank lifted their price target on shares of Victrex from GBX 600 to GBX 680 and gave the company a “hold” rating in a report on Wednesday, July 8th. UBS Group reaffirmed a “sell” rating and issued a GBX 575 target price on shares of Victrex in a research report on Monday, May 11th. Canaccord Genuity Group lowered shares of Victrex to a “buy” rating and set a GBX 725 target price on the stock. in a research note on Friday, May 15th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 595 price target on shares of Victrex in a research report on Tuesday, July 7th.

Victrex Price Performance

Shares of Victrex stock opened at GBX 831.95 on Wednesday. The company has a quick ratio of 1.99, a current ratio of 2.35 and a debt-to-equity ratio of 21.30. The company has a market cap of £724.84 million, a PE ratio of -37.14, a P/E/G ratio of 1.92 and a beta of 0.81. The business has a 50 day moving average of GBX 719.77 and a 200 day moving average of GBX 658.91. Victrex has a 52 week low of GBX 515 and a 52 week high of GBX 841.

Victrex Company Profile

Victrex plc, through its subsidiaries, engages in the manufacture and sale of polymer solutions worldwide. The company operates through two segments, Sustainable Solutions and Medical. It develops PEEK and PAEK based polymer solutions, and semi-finished and finished parts. The company also provides specialist solutions for medical device manufacturers; sells thermoplastic polymers; sustainable solutions for energy and industrial, VAR, automotive, aerospace, and electronics markets; and engages in trading activities.