Vectura Group PLC (VEC) Earns Buy Rating from FinnCap
Vectura Group PLC (LON:VEC)‘s stock had its “buy” rating reiterated by research analysts at FinnCap in a research report issued to clients and investors on Tuesday. They presently have a GBX 225 ($2.79) price target on the stock. FinnCap’s price objective suggests a potential upside of 52.93% from the stock’s previous close.
Several other research firms also recently issued reports on VEC. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 230 ($2.85) price target on shares of Vectura Group PLC in a research note on Thursday, November 24th. Peel Hunt reiterated a “buy” rating and set a GBX 200 ($2.48) price target on shares of Vectura Group PLC in a research note on Friday, August 5th. N+1 Singer reiterated a “buy” rating and set a GBX 208 ($2.58) price target on shares of Vectura Group PLC in a research note on Tuesday, November 22nd. Numis Securities Ltd upped their price target on Vectura Group PLC from GBX 246 ($3.05) to GBX 252 ($3.13) and gave the stock a “buy” rating in a research note on Monday, September 19th. Finally, Stifel Nicolaus reiterated a “buy” rating and set a GBX 242 ($3.00) price target on shares of Vectura Group PLC in a research note on Tuesday, August 30th. Eight analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of GBX 222.13 ($2.76).
Vectura Group PLC (LON:VEC) opened at 146.60 on Tuesday. Vectura Group PLC has a 52-week low of GBX 122.90 and a 52-week high of GBX 200.10. The firm’s market cap is GBX 842.51 million. The company’s 50-day moving average price is GBX 138.77 and its 200-day moving average price is GBX 147.43.
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In other news, insider Trevor Phillips sold 240,841 shares of the stock in a transaction that occurred on Tuesday, September 27th. The stock was sold at an average price of GBX 139 ($1.72), for a total value of £334,768.99 ($415,294.62). Also, insider Andrew Derodra bought 30,000 shares of the company’s stock in a transaction dated Friday, September 30th. The stock was bought at an average cost of GBX 138 ($1.71) per share, with a total value of £41,400 ($51,358.39).
Vectura Group PLC Company Profile
Vectura Group plc is a product development company. The Company focuses on the development of pharmaceutical therapies for the treatment of airways-related diseases (airways diseases). The Company has eight products marketed by its partners and a portfolio of drugs in clinical development, a number of which have been licensed to pharmaceutical companies.
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