Victrex plc (LON:VCT) Rating Reiterated by Deutsche Bank AG
Deutsche Bank AG reissued their hold rating on shares of Victrex plc (LON:VCT) in a research report sent to investors on Friday, June 30th. The firm currently has a GBX 1,850 ($24.16) target price on the stock.
Other analysts have also recently issued reports about the company. J P Morgan Chase & Co boosted their price target on Victrex plc from GBX 1,550 ($20.24) to GBX 1,800 ($23.50) and gave the stock a neutral rating in a research report on Tuesday, May 16th. Numis Securities Ltd boosted their price target on Victrex plc from GBX 2,042 ($26.66) to GBX 2,060 ($26.90) and gave the stock a hold rating in a research report on Friday, April 7th. Liberum Capital reiterated a buy rating and set a GBX 2,240 ($29.25) price target on shares of Victrex plc in a research report on Thursday, April 6th. N+1 Singer reiterated a hold rating and set a GBX 2,000 ($26.12) price target on shares of Victrex plc in a research report on Monday, May 15th. Finally, Berenberg Bank boosted their price target on Victrex plc from GBX 1,800 ($23.50) to GBX 2,000 ($26.12) and gave the stock a hold rating in a research report on Tuesday, May 16th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 1,931.82 ($25.23).
Victrex plc (LON:VCT) traded up 0.63% on Friday, hitting GBX 1920.00. The stock had a trading volume of 258,046 shares. Victrex plc has a 12 month low of GBX 1,422.00 and a 12 month high of GBX 2,063.00. The company’s market cap is GBX 1.64 billion. The company has a 50-day moving average of GBX 1,885.20 and a 200 day moving average of GBX 1,925.41.
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The business also recently announced a dividend, which was paid on Friday, June 30th. Shareholders of record on Thursday, June 8th were issued a GBX 12.20 ($0.16) dividend. This represents a yield of 0.61%. The ex-dividend date of this dividend was Thursday, June 8th.
Victrex plc Company Profile
Victrex plc is a United Kingdom-based holding company. The Company is engaged in the manufacture and sale of various polymers. The Company’s operating segments include Industrial (Victrex Polymer Solutions) and Medical (Invibio Biomaterial Solutions). The Victrex Polymer Solutions segment focuses on automotive, aerospace, electronics and energy markets.
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