Victrex plc (VCT) Given Hold Rating at Deutsche Bank AG
A number of other analysts also recently issued reports on the stock. UBS AG began coverage on shares of Victrex plc in a report on Monday. They issued a neutral rating and a GBX 2,050 ($26.61) price objective on the stock. Peel Hunt reiterated an add rating and issued a GBX 2,100 ($27.26) price objective on shares of Victrex plc in a report on Tuesday, July 25th. Credit Suisse Group reiterated an outperform rating on shares of Victrex plc in a report on Friday, July 21st. Liberum Capital reiterated a buy rating and issued a GBX 2,240 ($29.08) price objective on shares of Victrex plc in a report on Friday, June 16th. Finally, J P Morgan Chase & Co lifted their price objective on shares of Victrex plc from GBX 1,550 ($20.12) to GBX 1,800 ($23.37) and gave the company a neutral rating in a report on Tuesday, May 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and an average price target of GBX 1,980.91 ($25.72).
Shares of Victrex plc (LON:VCT) traded down 0.73% during trading on Thursday, hitting GBX 2044.00. 131,281 shares of the company’s stock were exchanged. The firm’s market capitalization is GBX 1.75 billion. The stock’s 50 day moving average is GBX 1,966.76 and its 200 day moving average is GBX 1,939.14. Victrex plc has a 1-year low of GBX 1,473.00 and a 1-year high of GBX 2,086.00.
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About Victrex plc
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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