Vitec Group plc (VTC) Stock Rating Reaffirmed by Peel Hunt
Vitec Group plc (LON:VTC)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research report issued on Friday. They presently have a GBX 750 ($9.30) target price on the stock. Peel Hunt’s price objective suggests a potential upside of 20.00% from the company’s current price.
Separately, Arden Partners Ltd reissued a “buy” rating on shares of Vitec Group plc in a research report on Wednesday, November 9th.
Shares of Vitec Group plc (LON:VTC) opened at 632.50 on Friday. The company’s 50-day moving average price is GBX 619.61 and its 200-day moving average price is GBX 569.79. The firm’s market capitalization is GBX 281.53 million. Vitec Group plc has a 12-month low of GBX 485.00 and a 12-month high of GBX 636.00.
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Vitec Group plc Company Profile
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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