Victrex plc (VCT) Stock Rating Reaffirmed by Deutsche Bank AG
Victrex plc (LON:VCT)‘s stock had its “hold” rating reaffirmed by stock analysts at Deutsche Bank AG in a report issued on Wednesday. They currently have a GBX 1,600 ($20.89) price target on the stock. Deutsche Bank AG’s target price would suggest a potential upside of 2.83% from the company’s current price.
Several other research analysts have also recently weighed in on VCT. BNP Paribas reissued a “neutral” rating and issued a GBX 1,530 ($19.97) price objective on shares of Victrex plc in a research report on Wednesday, July 27th. Barclays PLC restated an “equal weight” rating and issued a GBX 1,600 ($20.89) target price on shares of Victrex plc in a research note on Wednesday, July 27th. Jefferies Group restated a “hold” rating on shares of Victrex plc in a research note on Wednesday, July 27th. Numis Securities Ltd lowered their target price on Victrex plc from GBX 1,850 ($24.15) to GBX 1,781 ($23.25) and set an “add” rating on the stock in a research note on Wednesday, July 27th. Finally, JPMorgan Chase & Co. lowered their target price on Victrex plc from GBX 1,450 ($18.93) to GBX 1,420 ($18.54) and set a “neutral” rating on the stock in a research note on Wednesday, July 27th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 1,713.92 ($22.37).
Shares of Victrex plc (LON:VCT) opened at 1556.00 on Wednesday. The firm’s market capitalization is GBX 1.33 billion. The company has a 50-day moving average price of GBX 1,534.08 and a 200 day moving average price of GBX 1,514.35. Victrex plc has a 1-year low of GBX 1,275.58 and a 1-year high of GBX 1,961.00.
Victrex plc Company Profile
Victrex plc is a United Kingdom-based company engaged in the manufacture of polymer solutions. The Company’s products are used in smartphones, oil and gas equipment, medical devices, aeroplanes and cars. The Company has operations in industries such as Automotive, Aerospace, Electronics, Energy and Medical.
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