Arden Partners Ltd Reaffirms Buy Rating for Vitec Group plc (VTC)
Separately, Peel Hunt reaffirmed a buy rating and issued a GBX 750 ($9.29) price objective on shares of Vitec Group plc in a report on Wednesday, November 9th.
Vitec Group plc (LON:VTC) opened at 622.00 on Wednesday. The stock’s market capitalization is GBX 276.86 million. Vitec Group plc has a 52 week low of GBX 485.00 and a 52 week high of GBX 640.50. The firm has a 50 day moving average of GBX 610.51 and a 200-day moving average of GBX 563.34.
In other news, insider Rienecker,Lorraine purchased 3,248 shares of the stock in a transaction that occurred on Friday, August 19th. The shares were purchased at an average cost of GBX 609 ($7.54) per share, with a total value of £19,780.32 ($24,501.82).
About Vitec Group plc
The Vitec Group plc is a United Kingdom-based company, which designs, manufactures and supplies branded products and services to capture and share images. The Company operates through two divisions: Broadcast Division and Photographic Division. The Broadcast Division designs, manufactures and distributes branded products for broadcasting, film and video production for broadcasters and independent content creators.
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