Victorian Plumbing Group (LON:VIC) Reaches New 12-Month High – Should You Buy?

Shares of Victorian Plumbing Group plc (LON:VIC) hit a new 52-week high on Tuesday. The company traded as high as GBX 90.90 and last traded at GBX 90, with a volume of 121,488 shares trading hands. The stock had previously closed at GBX 87.90.

Analyst Ratings Changes

A number of brokerages have commented on VIC. Canaccord Genuity Group boosted their target price on shares of Victorian Plumbing Group from GBX 132 to GBX 135 and gave the stock a “buy” rating in a report on Tuesday, October 13th. Berenberg Bank raised their price target on shares of Victorian Plumbing Group from GBX 115 to GBX 125 and gave the company a “buy” rating in a report on Thursday, October 15th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 110.

Victorian Plumbing Group Stock Performance

The company has a debt-to-equity ratio of 82.83, a quick ratio of 1.05 and a current ratio of 1.22. The stock has a market cap of £295.58 million, a PE ratio of 21.95, a price-to-earnings-growth ratio of 0.51 and a beta of 1.14. The firm has a fifty day moving average price of GBX 79.90 and a 200 day moving average price of GBX 78.47.

Victorian Plumbing Group Company Profile

Victorian Plumbing is the UK’s leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points. The Group’s product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.