N+1 Singer Reaffirms Buy Rating for Victrex plc (VCT)
Victrex plc (LON:VCT)‘s stock had its “buy” rating restated by equities research analysts at N+1 Singer in a research note issued to investors on Tuesday. They presently have a GBX 1,730 ($21.41) price objective on the stock. N+1 Singer’s price target points to a potential upside of 6.66% from the company’s current price.
Several other research analysts have also recently commented on VCT. BNP Paribas reaffirmed a “neutral” rating and set a GBX 1,530 ($18.94) target price on shares of Victrex plc in a report on Wednesday, July 27th. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 1,600 ($19.80) target price on shares of Victrex plc in a report on Wednesday, July 27th. Jefferies Group reaffirmed a “hold” rating on shares of Victrex plc in a report on Wednesday, July 27th. Liberum Capital reaffirmed a “buy” rating and set a GBX 2,100 ($25.99) target price on shares of Victrex plc in a report on Tuesday, July 26th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 1,620 ($20.05) target price on shares of Victrex plc in a report on Monday, June 20th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,713.92 ($21.21).
Shares of Victrex plc (LON:VCT) opened at 1737.00 on Tuesday. Victrex plc has a 12 month low of GBX 1,275.58 and a 12 month high of GBX 1,961.00. The company’s market cap is GBX 1.48 billion. The firm’s 50 day moving average is GBX 1,551.44 and its 200 day moving average is GBX 1,514.64.
About Victrex plc
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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