Vertu Motors Plc’s (VTU) Buy Rating Reiterated at Liberum Capital
Vertu Motors Plc (LON:VTU)‘s stock had its “buy” rating reissued by stock analysts at Liberum Capital in a report issued on Friday. They presently have a GBX 90 ($1.16) price target on the stock. Liberum Capital’s price target suggests a potential upside of 106.90% from the stock’s current price.
Separately, Canaccord Genuity reiterated a “buy” rating and set a GBX 81 ($1.05) target price on shares of Vertu Motors Plc in a research report on Wednesday, May 10th.
Vertu Motors Plc (LON VTU) opened at 44.00 on Friday. The firm has a 50-day moving average price of GBX 44.10 and a 200-day moving average price of GBX 46.47. Vertu Motors Plc has a 12-month low of GBX 38.25 and a 12-month high of GBX 52.31. The company’s market cap is GBX 173.92 million.
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In related news, insider Ian Harrison purchased 4,260 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were purchased at an average price of GBX 42 ($0.54) per share, with a total value of £1,789.20 ($2,314.02). Also, insider Chris Taylor purchased 11,444 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The shares were bought at an average cost of GBX 43 ($0.56) per share, for a total transaction of £4,920.92 ($6,364.36).
About Vertu Motors Plc
Vertu Motors plc is an automotive retailer in the United Kingdom. The principal activity of the Company is the sale of new cars, motorcycles, and commercial vehicles and used vehicles, together with related aftersales services. The Company is engaged in the provision of management services to all subsidiary statutory entities.
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