Peel Hunt restated their hold rating on shares of Victrex (LON:VCT) in a research note released on Monday. They currently have a GBX 2,400 ($33.16) price target on the stock.

Other research analysts have also recently issued research reports about the stock. Berenberg Bank restated a buy rating and set a GBX 2,600 ($35.92) price objective on shares of Victrex in a report on Tuesday, December 5th. JPMorgan Chase & Co. boosted their price objective on shares of Victrex from GBX 2,250 ($31.09) to GBX 2,580 ($35.65) and gave the company a neutral rating in a report on Monday, January 8th. Liberum Capital restated a buy rating and set a GBX 2,770 ($38.27) price objective on shares of Victrex in a report on Monday, February 5th. Barclays decreased their price objective on shares of Victrex from GBX 2,350 ($32.47) to GBX 2,270 ($31.36) and set an equal weight rating for the company in a report on Tuesday, November 28th. Finally, Deutsche Bank restated a hold rating and set a GBX 2,200 ($30.40) price objective on shares of Victrex in a report on Thursday, January 4th. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Victrex has a consensus rating of Hold and an average price target of GBX 2,368.80 ($32.73).

Victrex (LON VCT) opened at GBX 2,496 ($34.48) on Monday. The stock has a market cap of $2,150.00 and a P/E ratio of 2,151.72. Victrex has a 1-year low of GBX 1,826 ($25.23) and a 1-year high of GBX 2,772 ($38.30).

The business also recently declared a dividend, which will be paid on Friday, February 16th. Stockholders of record on Thursday, February 1st will be issued a GBX 109.60 ($1.51) dividend. This represents a dividend yield of 4.31%. The ex-dividend date is Thursday, February 1st. This is a boost from Victrex’s previous dividend of $12.20.

In other news, insider Martin Court sold 441 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of GBX 2,618 ($36.17), for a total value of £11,545.38 ($15,951.06).

WARNING: “Victrex (VCT) Given “Hold” Rating at Peel Hunt” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://www.thecerbatgem.com/2018/02/15/victrex-vct-given-hold-rating-at-peel-hunt.html.

About Victrex

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.

Analyst Recommendations for Victrex (LON:VCT)

Receive News & Ratings for Victrex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Victrex and related companies with MarketBeat.com's FREE daily email newsletter.