Victrex plc (VCT) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Victrex plc (LON:VCT) have been given a consensus rating of “Hold” by the fourteen research firms that are covering the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 1,737.92 ($21.56).
A number of brokerages recently issued reports on VCT. BNP Paribas reiterated a “neutral” rating and issued a GBX 1,530 ($18.98) price objective on shares of Victrex plc in a report on Thursday, September 1st. Liberum Capital reiterated a “buy” rating and issued a GBX 2,100 ($26.05) price objective on shares of Victrex plc in a report on Tuesday, October 11th. Peel Hunt reiterated a “buy” rating and issued a GBX 1,900 ($23.57) price objective on shares of Victrex plc in a report on Tuesday, October 11th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 1,600 ($19.85) price objective on shares of Victrex plc in a report on Wednesday, September 28th. Finally, Numis Securities Ltd raised their price objective on shares of Victrex plc from GBX 1,781 ($22.09) to GBX 1,945 ($24.13) and gave the company an “add” rating in a report on Wednesday, October 12th.
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Victrex plc (LON:VCT) remained flat at GBX 1715.00 on Tuesday. 181,581 shares of the company traded hands. The stock has a 50-day moving average of GBX 1,732.08 and a 200-day moving average of GBX 1,564.21. The company’s market capitalization is GBX 1.46 billion. Victrex plc has a 52 week low of GBX 1,275.58 and a 52 week high of GBX 1,961.00.
Victrex plc Company Profile
Victrex plc is a United Kingdom-based holding company. The Company is engaged in the manufacture and sale of high performance polymers. The Company’s operating segments are Victrex Polymer Solutions and Invibio Biomaterial Solutions. The Victrex Polymer Solutions segment focuses on its automotive, aerospace, electronics and energy markets.
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